Friday, July 23, 2010

Climate Bill: Senate Democrats Abandon Comprehensive Energy Bill

WASHINGTON — Senate Democrats on Thursday gave up plans to attempt to pass an energy bill that caps greenhouse gases blamed for global warming, abandoning a priority of President Barack Obama.

Obama had hoped to add a climate bill to the two biggest legislative successes of his presidency, a comprehensive health care bill and a broad reform of the U.S. banking and financial sector.
Read the full article here -

This will undoubtedly have a dramatic effect on America's environmental markets. Now is the time for investors to focus their efforts on other regions of the world. Specifically areas that recognize a mandate for climate change based on their laws and policies. At least until the next U.S. election.

The question is: which region globally is best for investors?

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