President Joe Biden traveled to Triangle, Virginia, Monday to mark Earth Day, unveiling $7 billion in grant funding for solar power under the Inflation Reduction Act and announcing new steps to stand up his administration’s American Climate Corps – a program popular with youth climate groups.
The announcements come days after the Biden administration made several significant conservation announcements, including barring oil drilling on nearly half of the national petroleum reserve in Alaska.
Clean energy stocks (Solar stocks, hydrogen stocks) jumped in morning trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments