Remember when we recalled a California Governor because of the electricity prices? Apparently, California voters are ready to embrace high electricity prices. Listen to this interview of Barack Obama:
"Under my plan of a cap and trade system, electricity rates would necessarily skyrocket ... because I'm capping greenhouses gases .... "
No, it is not a quote taken out of context. Maybe I should take the time to learn how to short some investments, like everything that has anything to do with coal.