MNS 0.00% 4.2¢ magnis energy technologies ltd

Hi all,Just been reading up on the Infrastructure bill that has...

  1. 67 Posts.
    lightbulb Created with Sketch. 52
    Hi all,

    Just been reading up on the Infrastructure bill that has been passed by the Senate and will get discussed by the House of Representatives around mid September. Whilst it isn't guaranteed, the narrow Democratic majority should see this through with little changes.

    Now, how this has an impact to MNS and IM3NY, I have taken a snippet from the BBC news report:

    $73bn for clean energy

    Going green and clean was a big part of Mr Biden's campaign promises. His earlier hopes for over $100bn towards clean energy have been temporarily dashed, but this bill puts billions towards new power lines, rebuilding America's old electric grids and expanding clean energy. Building new transmission lines with higher-voltage capacities will be key to getting this clean energy out across the country. There are over a dozen billions in addition for electrifying public transportation and building more electric car chargers. Add $21bn more to the tally for cleaning up soil and groundwater in old mines and gas fields.

    Link - https://www.bbc.com/news/world-us-canada-58152467

    How much impact once this has been approved, we will have to wait and see. But certainly exciting times ahead!

    As always, DYOR.
 
watchlist Created with Sketch. Add MNS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.