The White House has set aside a $700 billion package that will address inflation by lowering energy and health care costs for families and by helping to bring down the deficit.
American Clean Power Association, cut emissions by 40% by 2030, and create 550,000 clean energy jobs. A major goal of IRA--the largest federal government spending increase on alternative energy in U.S. history--is to strengthen energy independence, reduce dependence on Chinese imports, and reinvigorate the industrial sector. Investors are loving it: according to Jon Hale, global head of sustainability at Morningstar, clean energy funds attracted net inflows of about $433.
stock to Buy from Neutral with a $135 price target while J.P. Morgan has upgraded it to Overweight from Neutral with a $126 price target, up from $83. stock was trading at $127.18 in Tuesday’s intraday session.Of all the names in our coverage, we believe First Solar appears positioned to benefit the most from the provisions of the Inflation Reduction Act that passed the Senate. Investors have not fully digested how transformational the IRA could be for
's business
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