TSX:GRN - Post Discussion
Post by
Canadian_101 on Aug 12, 2022 6:21pm
House Passes Democrats' Health Care and Climate Bill
The final vote was 220-207, along party lines. Four Republicans did not vote.
Now that the Democratic-controlled House has approved the bill, it will next go to Biden to be signed into law.
The nearly $370 billion clean energy and climate package is the largest climate investment in US history, and the biggest victory for the environmental movement since the landmark Clean Air Act.
It would raise over $700 billion in government revenue over 10 years and spend over $430 billion to reduce carbon emissions with a primary focus on methane reduction.
Thats a whole lot of money for a company likie greenlane renewables which promary focus is to recuse methane and produce rnewable natural gas.
Forget the past 3, 6, 9 months results, its the next 3, 6, 9, 12 months that count at this point and with 430 BILLION dollars being made available, inflation lowering big time , no debt and all of Europe looking to get rid of Russian gas the future sure looks bright for Greenlane, very bright indeed.
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