Renewable stocks are getting hammered today in response to Republicans' proposed changes to energy tax credits in the reconciliation bill.

But domestic solar manufacturers are taking off. 

The legislation proposes an excise tax on solar panels and wind turbines that rely on components from foreign entities, namely China. That's most of the industry. So Wall Street is betting on the few that are likely to see market share grow in the coming years.

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So Republicans are basically saying: “If it’s green and foreign,tax it to death.”
Meanwhile, Wall Street’s like: “Cool we’ll just bet on the local solar guys.”

Climate policy by nationalism. Gotta love the free market, made in America™.

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you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

wall street doesn't have that deep of critical thinking skills sir - we're in the number go up industry in this country

yes but what about the majority of Americans employed in solar in the U.S. selling and installing cheap imported panels?

the purpose of the government is to push nationalism - the market was never free, america just wants participants in their system