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Coal ETF Rally Could Continue With GOP Support

Benzinga.com
0 Comments| November 14, 2014

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Among the many regulations the GOP will look to alter after gaining control of the Senate is the overspending and strict rules of the Environmental Protection Agency.

Republicans have sights set on altering or disrupting the Obama administrations plans to tightly regulate carbon dioxide emissions.

Throughout his two terms, President Barack Obama has waged a "war on coal" as Republicans say, tightly regulating its production and consumption as well as over funding the EPA.

A disruption of the president’s current plan would allow for more production and consumption of coal, and in turn increasing the profits of all the companies involved with the industry.

One example is the state of Kentucky that is the country’s largest coal producer and consumer responsible for generating 90 percent ...

/www.benzinga.com/etfs/sector-etfs/14/11/5008035/coal-etf-rally-could-continue-with-gop-support alt=Coal ETF Rally Could Continue With GOP Support>Full story available on Benzinga.com

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