As potential legislation, the so-called "Green New Deal" certainly could have had a better launch. But despite a not-quite-ready-for-prime-time roll-out, its key goal of de-carbonization is gaining ground on both sides of the aisle in Congress, and more importantly with industry.
Recently, MDU Resources (NYSE: MDU) became the latest US electric utility to retire coal, announcing the shutdown of 3 power plants by the end of 2021. Giant mining firm Glencore Plc (London: GLEN) pledged to cap its coal output. And two bipartisan bills to boost carbon capture and storage technologies began circulating in the