WHAT TO WATCH THIS WEEK
Administration Proposal. President Joe Biden will travel to Pittsburgh, Pennsylvania, on March 31, where he will unveil the contours of the infrastructure package.
Biden Preliminary Budget Outline. This week, the Biden administration will release a preview of its Fiscal Year 2022 budget. The figures will allow lawmakers to begin the appropriations process and give Congress information about the president’s discretionary funding priorities. The final budget request is currently expected in May.
Congress Continues Work. Although both chambers will be out of session for the next two weeks on a district work period, lawmakers will continue discussions on the contents of the infrastructure package.
A Climate-Conscious Lent: Environmental stewardship
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LIFT America Act s infrastructure proposals list landfill gas among renewable energy sources
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Dive Brief:
Senate Democrats are retooling energy tax reform legislation that was first proposed two years ago but which failed to advance in a Republican-led Congress.
The Clean Energy for America Act could include technology-neutral incentives rather than wind- and solar-specific credits, and would aim to move beyond the current cycle of short-term incentive extensions to a more permanent approach, according to Bobby Andres, senior policy adviser to Democrats on the U.S. Senate Finance Committee. We re actively working on updating that bill for reintroduction and very much view it as a cornerstone of the efforts on energy tax this Congress, Andres said Wednesday at the virtual American Council on Renewable Energy (ACORE) Policy Forum.
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I like things that go boom. Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered and continue to cover everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.
What happened
Shares of all the major fuel cell stocks popped Thursday on some good news out of Washington and some news from one of the fuel cell companies themselves that wasn t as bad as it could have been.