ReGen III Corp V.GIII

Democratic $2 trillion climate spending plan

[RedDevil14]

"This does, in our view, underline the multi-year shift from traditional towards renewable energy, one that will continue in the decades ahead," UBS strategists wrote in the report.

The push by investors into clean energy stocks comes as national polls and prediction markets show that Joe Biden, the Democratic presidential nominee, is the favorite to win next month's election.

Biden has proposed $2 trillion in climate spending -- an ambitious agenda that, if approved by Congress, could tilt the scales further in favor of clean energy.

"We recommend investors take note of the shifts toward the 'new economy,' one that is more sustainable," UBS wrote.

https://www.weny.com/story/42723680/exxon-briefly-dethroned-as-americas-most-valuable-energy-company