Biden Win Could Still Be Bullish for Clean Tech Infrastructure Bill

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(NEW YORK)–Clean tech stocks took a hit at open following US election as Democrats failed to take over the Senate, but a clean tech infrastructure bill may still be in the cards if Biden should win.

Clean tech stocks took hit following the election as Dems failed to take over Senate, which meant fear a clean tech infrastructure would not be in the works now. But not so fast!

If Biden were to win the prospects of a clean tech infrastructure bill still looks likely as Biden would have more credibility in negotiating with GOP Senate. Biden comes from Senate, and has long history with many of the current GOP leaders, and will know how to compromise so both parties each get something they wish in any bill, and increases likelihood a deal can be done, and fast.

For these reasons, Trader Madness issued alert to its subscribers noting, “A Biden administration could be more likely to push together an infrastructure bill that both Dems and GOP could quick pass and get to his desk. It won’t be anywhere close to a ‘Green New Deal’ by any means, but clean technology is something that can easily be agreed upon in any future infrastructure package, and this remain attractive trade going forward.”

Of course votes are still being counted, but look for guidance on how GOP Senate may be willing to work with Biden Administration, and possibility for collaboration and compromise for actual bills to push through.

Clean Tech Stocks to Watch

Of course all eyes on such bigger US clean tech plays such as Tesla (TSLA), WorkHorse (WKHS), Plug Power (PLUG).

Blink Charging (BLNK) owns and operates electric vehicle (EV) charging equipment and networked EV charging stations in the United States. As electric vehicle use grows so will demand for charging stations.

Demand for Lithium

To run electric vehicles, or store energy from solar, the market will require more Lithium in large supplies.

Livent (LTHM) manufactures and sells performance lithium based batteries, specialty polymer, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Lithium Americas (LAC), which has been a recent high flier, explores for lithium deposits. It primarily holds interests in the Cauchari-Olaroz Project located in Jujuy province of Argentina; and owns a 100% interest in the Thacker Pass lithium project located in Humboldt County in northern Nevada.

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