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Climate change law could cost 13 cents a gallon

Climate change isn't going to be free. A report by Point Carbon, an independent consulting company that tracks global carbon and energy markets, estimates that U.S. climate legislation could push the price at the pump 13 cents a gallon higher. The increase would result from the cost to oil companies for carbon permits, which they can pass along to consumers.

This is a much rosier view than that of the oil industry, however, which believes a U.S. cap-and-trade system would thrash demand for gasoline and lead to the shuttering of many refineries.

Continue reading Climate change law could cost 13 cents a gallon

After health care, economy is next hurdle for congressional Democrats, Obama administration

Investors, like the former great New York Yankee Manager Joe Torre, now manager of the Los Angeles Dodgers, have to be both aware of the current game situation, and be a few innings ahead, working through the permutations of what might occur.

With the above in mind, from an investor-relevance standpoint, what's next on the public policy front, after health care reform?

Continue reading After health care, economy is next hurdle for congressional Democrats, Obama administration

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Last updated: May 28, 2012: 05:38 AM

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