Lessons from Benjamin Graham, Part 1 [View article]
unless the utility is already highly renewable/low fossil fuel use--eg. FPL.
On Mar 04 09:15 AM Paul Killinger wrote:
> Well done, sir. > > The difference in the current climate for utiities is the government > has targeted electricity users for a +/- 50% rate increase to fund > their cap and trade folly. This new hidden tax on consumers will > require massive new investments and corresponding lower earnings. > Utility share prices are already beginning to reflect this evenuality.
Lessons from Benjamin Graham, Part 1 [View article]
On Mar 04 09:15 AM Paul Killinger wrote:
> Well done, sir.
>
> The difference in the current climate for utiities is the government
> has targeted electricity users for a +/- 50% rate increase to fund
> their cap and trade folly. This new hidden tax on consumers will
> require massive new investments and corresponding lower earnings.
> Utility share prices are already beginning to reflect this evenuality.