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The End of the Cap-and-Trade Masquerade Opens New Doors For Investors

By , Global Investing Specialist, Money Morning -

When U.S. Sen. Harry Reid, D-NV, last week disclosed that the so-called "cap-and-trade' energy proposal that passed the U.S. House of Representatives last year would not be taken up by the Senate, climate-bill proponents were deeply dismayed.

Indeed, Financial Times columnist Clive Crook even said that the United States "has let the world down on climate."

But here's the irony. With the Senate's refusal, we may just have moved a step closer to a climate change policy that will actually work. And that's good news for U.S. taxpayers. And it opens new doors for U.S. investors.

To see the sectors that will benefit from the likely direction of climate reform, please read on...