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  • Kevin O’Leary Reveals Why Clean Energy Stocks Are Tanking

    11/08/2023 4:55:34 AM PST · by george76 · 15 replies
    Daily Caller News Foundation ^ | November 7, 2023 | Harold Hutchison
    Shark Tank” star Kevin O’Leary said Tuesday that clean energy funds and stocks are dropping because investors realized that clean energy companies can not make a profit. Several stocks and exchange-traded funds in the “clean energy” sector, including Enphase Energy, the Invesco Solar ETF, the iShares Global Clean Energy ETF and the First Trust Global Wind Energy ETF have seen substantial drops in their share prices in the last year. .. Joe Biden signed the Inflation Reduction Act, spends $370 billion to combat climate change and is loaded with green energy provisions, including a $7,500 tax credit for electric vehicles,...