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RBC Comments on NYT Story of Manchin Not Supporting Climate Provisions

July 15, 2022 10:14 AM EDT

RBC Comments on NYT Story of Manchin Not Supporting Climate Provisions.

RBC Capital analyst Shelby Tucker comments "Unconfirmed news from the New York Times reported that Democratic Senator Joe Manchin told party leaders that he would not be supporting an economic package that included $550 million in climate provisions. We view this news as a negative for companies with large un-regulated renewables businesses and yieldco's. Key names... More