NextEra CEO sees repeal of IRA climate law 'unlikely' no matter who wins election

seekingalpha01-27

NextEra Energy (NYSE:NEE) +1% in Friday's trading, extending gains that followed its better than expected Q4 results and bullish tone set for the next three years. In the post-earnings conference call...

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In the post-earnings conference call...</p>\n\n<a href=\"https://seekingalpha.com/news/4059147-nextera-ceo-sees-repeal-of-ira-climate-law-unlikely-no-matter-who-wins-election\">Source Link</a>\n\n</div>\n","source":"seekingalpha_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NextEra CEO sees repeal of IRA climate law 'unlikely' no matter who wins election</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNextEra CEO sees repeal of IRA climate law 'unlikely' no matter who wins election\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-27 00:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4059147-nextera-ceo-sees-repeal-of-ira-climate-law-unlikely-no-matter-who-wins-election><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NextEra Energy (NYSE:NEE) +1% in Friday's trading, extending gains that followed its better than expected Q4 results and bullish tone set for the next three years. In the post-earnings conference call...</p>\n\n<a href=\"https://seekingalpha.com/news/4059147-nextera-ceo-sees-repeal-of-ira-climate-law-unlikely-no-matter-who-wins-election\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BMG7P694.USD","symbol_name":"Legg Mason ClearBridge - Global Infrastructure Income A Mdis USD Plus","start_time":0,"source_url":"https://seekingalpha.com/news/4059147-nextera-ceo-sees-repeal-of-ira-climate-law-unlikely-no-matter-who-wins-election","article_id":"2406079016","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1450272068/image_1450272068.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2406079016","pubTimestamp":1706285359,"sourceInfo":{"source_id":"seekingalpha_hot_news","name":"SeekingAlpha"},"weMediaInfo":null,"summary":"NextEra Energy (NYSE:NEE) +1% in Friday's trading, extending gains that followed its better than expected Q4 results and bullish tone set for the next three years. 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In the post-earnings conference call, CEO John Ketchum expressed confidence that Republicans would not follow through on threats to repeal the Inflation Reduction Act - President Biden's climate law - if they win this year’s election. \"In the 21 years I've been at the company, as we've changed administrations and as we've seen changes in Congress, we've never seen a change or repeal of tax credits, no matter what form they've taken,” Ketchum told analysts, as reported by the Financial Times. The CEO said it is \"really hard to overturn existing law... no matter what the political winds are,\" noting the failure of Republicans to roll back Obamacare during the Trump administration. Much of the investments driven by the Inflation Reduction Act is flowing to Republican states, and party members wanting to dismantle the legislation risked harming their own constituents, Ketchum said. The comments came after NextEra (NEE) reported 9,000 MW of new orders for solar and wind power and battery storage in 2023. ETFs: (ICLN), (QCLN), (PBW), (PBD), (ACES), (CNRG), (ERTH), (SMOG)  More on NextEra Energy  NextEra Energy Q4 2023 Earnings Call Transcript NextEra Energy Q4 2023 Results - Earnings Call Presentation Not All That Energized About NextEra Energy","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2406079016"}