Why Clean Energy ETFs Are No Slam Dunk

It has been more than two months since an oil rig exploded and sank in the Gulf of Mexico, setting off one of the worst environmental disasters in U.S. history. The aftermath of the spill has called into question the very survival of British oil giant BP, and dealt a devastating blow to pension funds and other investors who had come to rely on the company’s dividend payment [see Seven ETFs For Investors Mourning The Death Of BP's Dividend]. But the fallout didn’t end with BP; a proposed moratorium on deep-water drilling threatens to shake up the industry and increased regulatory oversight seems inevitable. But there have also been a few winners from the spill. President Obama seized an opportunity earlier this month to jumpstart a campaign to reduce dependence on foreign oil and make the U.S. a leader in the global clean energy industry. Not surprisingly, his first Oval [...] Click here to read the original article on ETFdb.com. Related Stories: Earth Day Special: Definitive Guide To Clean Energy ETFs Three Alternative Energy ETFs To “Go Green” For St. Patrick’s Day Uncertain Future For Energy ETFs