With a stroke of his pen, President Donald Trump took a major step toward eliminating his predecessor’s landmark climate policy — the Clean Power Plan.
Unveiled by President Obama in August 2015, the plan sought to fight global warming by reducing carbon dioxide emissions from power plants. Now, under President Trump, the plan and other environmental policies are in more danger than ever.
Some investors might be tempted to approach this new normal by reinvesting in oil and gas. But thus far, the reaction has been more muted.
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