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stew1340

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stew1340

Re: stew1340 post# 52248

Friday, 08/25/2023 4:29:46 PM

Friday, August 25, 2023 4:29:46 PM

Post# of 57769
Wasting money also on lobbying
Looking at Quiver Quantitative’s Corporate Lobbying Dashboard (Quiver Quantitative), we can see that Plug Power has spent $900,000 dollars on corporate lobbying this year, with $480,000 of that corporate lobbying spend occurring in April. Specifically, they lobbied for tax credits aimed at hydrogen production, fuel cells, and investments, provisions related to the Inflation Reduction Act, and the allocation of funding for hydrogen and fuel cell technologies within the Department of Defense and Department of Energy. All of these issues directly affect their business model, and they are on track to spend more money than ever on corporate lobbying this year.

https://www.nasdaq.com/articles/exploring-plug-powers-plug-growth-prospects

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