Boralex Inc Class A
BLX: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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CAD 84.00 | Yxrl | Tysnvstn |
Manchin Says No to Additional Clean Energy Incentives, but Impact Is Limited
On July 14, U.S. Sen. Joe Manchin, Democrat from West Virginia, indicated that he would not support a reconciliation package with additional climate incentives, seemingly ending the uncertainty of much of the past year. The rumored clean energy package had recently been pegged at around $300 billion and included extensions of existing tax credits for wind and solar as well as potential credits for newer technologies, such as hydrogen, stand-alone energy storage, and support for existing nuclear plants. Incentives for domestic solar manufacturing and electric vehicles were also contemplated.