Dicker and Link: Obama Emissions Proposal Great News for Natural Gas
While final execution of Obama’s EPA proposal to cut power plant emissions by 30% by 2030 is still years away, the proposal applies more pressure to the coal mining industry.
Energy contributor Dan Dicker talks with Action Alerts Plus co-portfolio manager Stephanie Link about Obama’s EPA proposal to cut power plant emissions by 30% by 2030. While the final execution of the bill is still years away, the proposal applies more pressure to the coal mining industry, and continues his commitment to unilateral action on climate change. The bill will also help speed the resurgence of natural gas prices and natural gas stocks. Dicker likes Southwestern Energy (SWN), as does Link, who also mentions Fluor (FLR) as a possible play.
