Replies to post #2175 on Itoco Inc. (ITMC)

[ProfitScout]

House passes sweeping climate and health care bill, sending it to Biden’s desk 
NBC News
August 12, 2022
https://www.nbcnews.com/politics/congress/house-democrats-are-poised-send-sweeping-climate-health-care-bill-bide-rcna42647

This is a major development for companies in the clean energy and carbon capture field like ITMC

From the news:
The legislation would raise about $700 billion through corporate tax increases and prescription drug savings, and it would spend about $400 billion on clean energy and health care provisions.

[ProfitScout]

The ITMC plan for carbon capture got a big show of support this week as Exxon announced its first large scale project going forward. Carbon Capture will be a big money business going forward and ITMC is in position to be an important player for this emerging concept.

Exxon Mobil signs first carbon capture deal with CF Industries
Oct 13, 2022
https://www.cnbc.com/video/2022/10/13/exxon-mobil-signs-first-carbon-capture-deal-with-cf-industries.html