07.11.2013 - Quick investor guide to utility ETFs
Utility services play a vital role in a nation’s economic progress as cheap and abundant supply of power keeps the wheels of development rolling. With development comes the need for more power, as cities expand, and the use of new gadgets increases. However, everything comes for a price. Greenhouse gas emitted by large utilities cause immense damage to the environment. Utilities have been under the scanner for a long time. However, the climate action plan from President Obama earlier this year, followed by the U.S. Environmental Protection Agency’s (EPA) proposal for granting permission for setting up new power plants are putting immense pressure on power producing units...............................................Full Article: Source
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