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Biden's Climate Law Can't Die. Wall Street Loves It Too Much.

28 Nov 2024 | Abstracted from Heat Map [Limited Access]

"...a group of 18 House Republicans wrote to Speaker Mike Johnson in support of the clean energy tax credits that are the cornerstone of the legislation...the IRA's tax credits a 'bottomless mimosa bar' for the financial market, and bankers are swanning up to get smashed on unlimited tax incentives for clean energy investment...The tax credit transfer market has grown to $20 billion to 25 billion in a mere 20 months."

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