Clean energy stocks are soaring on the back of the Inflation Reduction Act, a bill that will significantly reduce the risk associated to clean energy projects for the next decade
NEWPORT BEACH, Calif., August 08, 2022--The U.S. Senate yesterday passed legislation that will extend the Alternative Fuel Tax Credit for three years, beginning retroactively January 1, 2022. Andrew J. Littlefair, CEO and president of Clean Energy Fuels Corp. (NASDAQ: CLNE), the country’s largest provider of renewable natural gas (RNG), issued a statement in support of the bill:
At this time, I would like to turn the conference over to Mr. Robert Vreeland, chief financial officer. Earlier this afternoon, Clean Energy released financial results for the second quarter ending June 30, 2022. Before we begin, we'd like to remind you that some of the information contained in the news release and on this conference call contains forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict.