InvestorsHub Logo
Followers 5
Posts 826
Boards Moderated 0
Alias Born 12/10/2009

Re: ranger_7 post# 4390

Sunday, 11/07/2021 12:03:45 PM

Sunday, November 07, 2021 12:03:45 PM

Post# of 27621
Now that the House has approved the Infrastructure bill and the Senate is on side with it, President Biden will need to sign it into law. However, he will not sign it unless the Build Back Better bill gets passed in both chambers. With some work, it will pass in the House. As for the Senate, unless Biden can get the two Democratic senators on side, the BBB bill is dead on arrival. Despite the two bills, they are linked so it becomes all or none with the none side favored to win.

Suppose both bills do pass and they are signed into law, there are only two elements of the infrastructure bill that could affect our company. The environmental remediation and clean power. The remediation is more for landfills and methane emissions. As for clean power, the language favors solar and wind (onshore and offshore). WTE plants regardless of the feedstock are really not on the political radar. Suppose that WTE was a major thrust, wouldn't the government go with proven large scale operators? Wouldn't they use US made equipment over offshore made?

The two bills while very good for the US economy and the environment may have very little to do with CLNV as a commercial enterprise other than offering an emotional lift in the share price.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CLNV News