In a recent EIA energy conference, newly appointed Secretary of Energy Ernest Moniz discussed the future of United States energy policy, and while the Secretary recognizes the vast importance of oil and natural gas production, he is also well attuned to the need of a diverse portfolio of of energy sources. While growing factions are increasingly becoming either pro-fossil fuels or pro-renewable sources, the approach going forward will fall under an "all of the above" policy. Check out the following video for more information on Dr. Moniz's energy policy, in addition to information on a few utility companies that are geared to take advantage of the "all of the above" policy approach.
With a new Secretary of Energy, it's time for utilities to adapt to future changes now to reward shareholders over the long term.
About the Author
Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage.
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