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home / news releases / FAN - Renewable Electricity Is Caught Up In The Fossil Energy Sector's Rout


FAN - Renewable Electricity Is Caught Up In The Fossil Energy Sector's Rout

Late last week the U.S. Congress passed, and President Donald Trump signed, a $2 trillion stimulus package intended to offset the economic impacts of the COVID-19 pandemic. The legislation was passed with strong bipartisan support, including a unanimous vote in the Senate, at a time when such cooperation has become incredibly rare. That is not to say that it was passed easily, though, as Democrats in the Senate blocked the legislation for several days before ultimately relenting. The source of their temporary opposition? The legislation's lack of meaningful support provisions for renewable electricity producers.

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Stock Information

Company Name: First Trust Global Wind Energy
Stock Symbol: FAN
Market: NYSE

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