After bailing out Wall Street in 2008, are Americans ready to provide a one trillion dollar bailout to our electric utilities in 2030? Even though worldwide demand for energy is estimated to rise 41 percent by 2035, Barclays recently downgraded their outlook for utilities. The question we should ask ourselves is what does it mean when you downgra
2030 Outlook: A Trillion Dollar Taxpayer Bailout for Electrical Utilities
September 11, 2014 at 13:00 PM EDT
After bailing out Wall Street in 2008, are Americans ready to provide a one trillion dollar bailout to our electric utilities in 2030? Even though worldwide demand for energy is estimated to rise 41 percent by 2035, Barclays recently downgraded their outlook for utilities. The question we should ask ourselves is what does it mean when you downgra