GCPEF - Can Biden tariff relief spark rally for green energy ETFs after a tough start to 2022?

The announcement that President Joe Biden has issued tariff relief for solar panels prompted a rally in the solar sector -- strength that has spilled over into the general green energy group. The gains have allowed funds to cut losses seen earlier in the year, although many alternative energy ETFs remain sharply lower for 2022 as a whole. The Invesco Solar Portfolio ETF (NYSEARCA:TAN) gained +6.3% to start of this week's trading. This advance led a general upswing in green energy ETFs, including the iShares Global Clean Energy ETF (NASDAQ:ICLN) +2.9%, First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) +3.4%, and Invesco Global Clean Energy ETF (PBD) +1.9%. The advance came on news that President Joe Biden has unveiled a 24-month tariff exemption for solar panels that come from Southeast Asian countries. TAN, with its 51 holdings and $2.43B assets under management, has experienced above average trade volumes as a result from the tariff news. Typically, TAN

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Can Biden tariff relief spark rally for green energy ETFs after a tough start to 2022?