🦧 369 billion & (alt) energy

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💰 that’s $369b now

• w. virginia dem senator joe manchin agreed to a compromise on a senate bill yesterday

• this is a huge signal – the legislation, also called "inflation reduction act of 2022" would pour 369 billion dollars into climate change and clean energy initiatives

  • renewable energy and electric vehicle tax credits

  • the us may now be able to cut greenhouse gas emissions by 31~44% below 2005 levels by 2030 (for context, biden’s promised 50%)

• if enacted, this would be the largest, most influential climate initiative

👀 with that said, im keeping my eyes on…

• ICLN 0.00%↑ - global clean energy etf

• CEG 0.00%↑ - nation's largest carbon-free energy provider

• FSLR 0.00%↑ - us solar panel manufacturer

• PLUG 0.00%↑ - nation's largest hydrogen fuel cell maker

• with that said though, there’s a change the law does not get enacted or something (little, but not zero) - it is not guaranteed these tickers will keep shooting up

  • however, imo: there will definitely be a much greater volume of money flow (investment and infrastructure) into this space once the law is enacted, and that magnitude would unprecedented

    • so, that’s a general trend one should keep monitoring and could benefit from

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💡 something im thinking about

wish i had one at home!!

all of this is just one ape’s thoughts, but I would love to hear what you want to know about! happy trading!

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as always, i am no financial advisor! (i am no substitute for professional financial services)