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‘Fight of our lives': Lobbying intense on climate law credits
‘Fight of our lives': Lobbying intense on climate law credits

Politico

time3 days ago

  • Business
  • Politico

‘Fight of our lives': Lobbying intense on climate law credits

The morning after the Senate Finance Committee released a new megabill text that would roll back tax credits for renewable energy development, the solar industry's top lobby group hosted a rally in the shadow of the Capitol. 'Time to storm the Hill!' Abigail Ross Hopper, CEO of the Solar Energy Industries Association, said Tuesday. Lobbyists and industry leaders have been in a mad dash to rescue some of the energy tax incentives in the Democrats' 2022 Inflation Reduction Act. The House's 'One Big Beautiful Bill Act,' passed last month, would roll back many of the credits dramatically. And a Senate draft is not much better for sources like wind and solar. SEIA's rally included workers and leaders for dozens of companies before marching to meet with lawmakers and aides. It was the group's eighth lobbying day this year. 'We are in a fight for our lives,' Hopper told the crowd, saying that 330,000 jobs are at stake. Trade groups and other advocates have been releasing studies warning about the legislation's potential harms to projects and employment, particularly in red states. The legislation's real effects remain a moving target because Republican leaders have promised to keep tweaking their tax, energy and border spending package. 'We are not at the end. We had that language come out of the Senate Finance [Committee] last night, but we are not finished,' she said. 'I would not ask you to travel here, take time away from your families, take time away from your businesses, if I thought that this was done. This is not done. You have the opportunity today … to tell these legislators what this means to you.' Hopper told reporters that the Finance Committee draft represented 'some steps toward progress, but it is far from acceptable.' Companies and groups thought Republicans and President Donald Trump would ease from targeting climate law credits because of their economic impact. The House bill was a wake-up call, said Mike Carr, a lobbyist at Boundary Stone Partners who represents companies in solar, batteries and related fields. 'I think there was a general assumption that … they weren't going to pull the rug out from it,' Carr said. 'And the House bill really did pull the rug out from a lot of this.' Since the House passed its bill, it's been all hands on deck, Carr said. 'There's been a real frenzy since then, trying to help people understand how much is on the line, how many jobs could potentially be lost in various sectors.' Other major organizations fighting for the energy incentives include the American Clean Power Association and the American Council on Renewable Energy. 'While the Senate Finance Committee proposal eliminates poison pills from the House legislation, abrupt changes to the clean energy tax credits unnecessarily penalize companies that are making good faith investments under current law,' ACP CEO Jason Grumet said in a statement. The Edison Electric Institute thanked the Finance Committee for its work but made it clear that it sees room for improvements. 'Financial certainty and access to cost-effective financing are critical tools for electric companies as they continue to make needed investments to meet rising customer demand and to expand generation capacity,' said Pat Vincent-Collawn, the group's interim CEO. The group had taken a dimmer view of the House version, particularly around sourcing requirements, the short timeline for ending credits and tax credit transferability. Big business groups like the American Petroleum Institute and the U.S. Chamber of Commerce have been mostly supportive of the congressional Republicans' efforts, but have also been pushing for longer timeframes for some tax credits, including for hydrogen and carbon capture. Before the Senate bill was released, the Chamber wrote in a post that the group would 'continue to urge policymakers to preserve pro-growth tax policies that enhance U.S. energy competitiveness and security, including credits for clean hydrogen production and carbon oxide sequestration, as well as technology-neutral credits to help meet the country's rapidly growing demand for electricity generation.' Republicans launched a new group called Built for America this month to advocate for the energy incentives from a conservative viewpoint. The $2 million campaign, led by former West Virginia Lt. Gov. Mitch Carmichael and former Trump campaign adviser Bryan Lanza, is putting advertisements in conservative platforms like Fox News and Truth Social, which is owned by the president. 'Trump country is booming. We're building, hiring and winning in America, because energy tax credits put America first,' one of the ads says. Another group called Advanced Energy United launched a six-figure campaign of its own targeting a handful of Senate Republicans with digital ads. That group is backed by major technology firms like Microsoft, automakers like Ford and other firms like NRG. 'Repealing these tax credits would devastate local economies, raise energy costs, and hand the keys of energy leadership to China — and the Senate now has a choice to make,' Harry Godfrey, the group's managing director for federal priorities, said in a statement. A number of companies and associations have retained new lobbyists in recent months to fight for the credits they support, according to disclosures filed with Congress. They include battery maker Energizer Holdings, chemical manufacturer Johnson Matthey, the Hydrogen Jobs Now Coalition, battery recycler Ecobat and the Clean Energy Buyers Association. The far-right House Freedom Caucus pointed to news that Energizer had retained a slate of Democratic lobbyists from Washington Council Ernst & Young. 'This should tell Republicans everything you need to know: The Swamp isn't even hiring Republicans to lobby on preserving the #GreenNewScam IRA tax subsidies,' the caucus wrote on X. Those pushing to terminate the tax credits have their advocates too. Pro-fossil fuel activist Alex Epstein has been involved, and Rep. Chip Roy (R-Texas) called him an 'enormous help' in rolling back the credits in the House bill. Epstein was disappointed in the Senate Finance Committee draft. 'Sad update' he wrote on X, outlining his view of the changes. 'Nothing is set in stone yet, there's still time for Congress to do the right thing. Tell your Senator,' he added.

Some Good News And Some Bad News About ‘Stranger Things' Season 5 Release Date
Some Good News And Some Bad News About ‘Stranger Things' Season 5 Release Date

Forbes

time4 days ago

  • Entertainment
  • Forbes

Some Good News And Some Bad News About ‘Stranger Things' Season 5 Release Date

Stranger Things 5 Credit: Netflix Out of all of Netflix's Original shows and movies, few have helped define the streaming giant's success like Stranger Things. The first season dropped nearly a decade ago on July 15th, 2016 – long ago, in what feels like a very different world from the one we now inhabit. It was an overnight success, with ratings in the 18 - 49 demo of around 14 million per episode, a number that grew to over 40 million households tuning in for the third season within its first four days, and 64 million households within the first month, breaking Netflix records at the time, and becoming the most-watched original Netflix show. But as viewership grew, critical and fan reception declined. The first season's 97% Rotten Tomatoes score dipped to 94% for Season 2, and fell again in both subsequent seasons to 89% and 86% respectively. While I enjoyed the first volume of Stranger Things 4, I was left feeling incredibly disappointed in the finale (unlike the emotionally powerful finale of Season 3, which was quickly ruined by the reveal that Hopper had, in fact, survived). (P.S. I was just reading over my review of the Season 4 finale and I'm reminded of just how deeply ambivalent I felt after watching it at the time. I haven't rewatched but I suppose I should now that Season 5 is on the horizon). In any case, Netflix also changed its release format for the fourth season, adopting a new split-release model that broke Stranger Things 4 into two parts. The first batch of episodes aired all at once but the final two super-long episodes didn't come out until over a month later. That unfortunate trend was brought to various other Netflix Originals, from the third season of The Witcher to the upcoming second season of Wednesday, with later seasons split across two or three parts. Cobra Kai's final season was split into three parts spanning nearly an entire year. The bad news is simple: Stranger Things 5 is also being split into three parts. Here's how it breaks down: For fans who have waited years since the second half of Stranger Things 4, which released on May 27th 2022 and July 1st 2022, having to wait over three years for the final season was painful enough. Having to wait weeks between the first two volumes and another week for the finale is salt on the wound. There is good news as well. First, it's only about a month between Volume 1 and the finale. Compare that to Cobra Kai which split its sixth season into chunks of five episodes beginning with Volume 1 on July 18th, 2024; Volume 2 on November 15th, 2024; and Volume 3 on February 13th, 2025. Compared to that release schedule, Stranger Things 5's split is a much easier pill to swallow. The other good news is the timing, with each volume dropping at 5pm PT / 8pm ET. This means that everyone (in North America, at least) can dive into the new season at the same time, something that a midnight release makes prohibitive. Personally, I miss the days when shows would drop a new episode in the evening each week and then we could all talk about it the next day. The watercooler talk that made Lost and The Walking Dead and Game Of Thrones such fun experiences is largely gone. Maybe releasing the final season of Stranger Things over three parts in the early evening will revive it to some degree. This also means that viewers will be left with some anticipation for what's coming next. Instead of just bingeing it all at once, fans have to wait and see what happens to all our heroes. This, in turn, can lead to lots of fun fan theories, forum threads, and discussion on social media (and in person!) which can be half the fun when it comes to shows like Stranger Things. Only one thing is certain: After the final episode airs, almost nine-and-a-half years will have gone by since we first met Eleven and Mike and Hopper and all the rest of the cast. A lot of fans will have grown-up during this time, just like the Stranger Things kids. Who lives and who dies, and what happens with Vecna and the Upside Down, all remains to be seen. The Duffer Brothers-created series stars Winona Ryder as Joyce Byers, David Harbour as Jim Hopper, Finn Wolfhard as Mike Wheeler, Millie Bobby Brown as Eleven, Gaten Matarazzo as Dustin Henderson, Caleb McLaughlin as Lucas Sinclair, Natalia Dyer as Nancy Wheeler, Charlie Heaton as Jonathan Byers, Caro Bunon as Karen Wheeler, Matthew Modine as Martin Brenner, Noah Schnapp as Will Byers, Sadie Sink as Max Mayfield, Joe Keery as Steve Harrington and a rotating cast of guest stars including Dacre Montgomery as Billy Hargrove, Sean Astin as Bob Newby, Paul Reiser as Sam Owens, Maya Hawke as Robin Buckley and Joseph Quinn as Eddie Munson, among many others.

Prediction: 3 Non-Tech Stocks That Can Blow Past Nvidia's Market Cap by 2035
Prediction: 3 Non-Tech Stocks That Can Blow Past Nvidia's Market Cap by 2035

Yahoo

time7 days ago

  • Business
  • Yahoo

Prediction: 3 Non-Tech Stocks That Can Blow Past Nvidia's Market Cap by 2035

Artificial intelligence (AI) is an estimated $15.7 trillion global addressable market by 2030 that's captivated Wall Street's attention. Although AI stock Nvidia can seemingly do no wrong, historical precedent would beg to differ. A trio of companies outside the tech sector have the tools and intangibles needed to leapfrog Nvidia's valuation over the next decade. 10 stocks we like better than Nvidia › For more than two years, the evolution of artificial intelligence (AI) has dominated the investment landscape. The capacity for AI-empowered software and systems to make split-second decisions without the aid of humans is a technology that can provide operating efficiencies throughout most industries around the globe. In Sizing the Prize, the analysts at PwC pegged this global addressable market for AI at $15.7 trillion by the turn of the decade. Even if this estimate is just somewhat in the ballpark, it points to a game-changing trend that can positively impact a long list of businesses. However, no company has more directly benefited from the rise of artificial intelligence than Nvidia (NASDAQ: NVDA). It took less than two years for Nvidia's market cap to catapult by more than $3 trillion, and for it to, briefly, become the most valuable publicly traded company. While it would appear that nothing can go wrong for Nvidia, historical precedent would beg to differ. A decade from now, Nvidia stock coming back to Earth, coupled with steady growth from other magnificent businesses, can lead to three non-tech stocks blowing past Wall Street's AI darling in the market cap column. Let me preface this discussion by giving Nvidia credit where credit is due. Its Hopper graphics processing units (GPUs) and successor Blackwell GPU architecture account for the lion's share of GPUs deployed in enterprise AI-accelerated data centers. It's a testament that Nvidia is producing a superior product that's clearly outpacing its direct external rivals in compute potential. Nvidia also took advantage of economic scarcity. With demand for AI GPUs handily outpacing their supply, and world-leading chip fabrication company Taiwan Semiconductor Manufacturing unable to expand its production capacity fast enough to satiate demand, Nvidia's hardware is commanding a 100%-plus premium to rival chips. There's a reason Nvidia's gross margin topped 70% throughout fiscal 2025 (its fiscal year ends in late January). But there's a historical headwind that's lies undefeated since the mid-1990s, and it squarely has artificial intelligence and Nvidia in its proverbial sight. Every next-big-thing technology and innovation for more than 30 years has endured a bubble-bursting event early in its expansion. In other words, investors have been consistently overestimating the adoption rate and/or utility of game-changing trends for decades -- and AI looks to be no exception. Most businesses deploying AI solutions haven't optimized them and aren't generating a positive return on their AI investments. If history rhymes once more, and an AI bubble were to form and burst, Nvidia would almost certainly be one of the biggest losers. This isn't to say Nvidia won't be wildly successful after artificial intelligence matures as a technology. Rather, it points to the historical precedent that market leaders of next-big-thing trends always falter in the early going due to the overzealousness of investors. However, the following three non-tech titans all have the tools and intangibles needed to leapfrog Nvidia's valuation over the next 10 years. Though non-tech companies tend to dominate the trillion-dollar ranks, it's Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), which seems likeliest to surpass Nvidia's market cap by 2035. Even though the Oracle of Omaha is stepping down from his role as CEO by the end of this year and handing the reins over to Greg Abel, a foundation has been laid that can sustain double-digit returns for Berkshire Hathaway's stock. One reason Berkshire stock has delivered an annualized return of almost 20% spanning 60 years is because Buffett and his team have focused on cyclical businesses. Instead of trying to time when inevitable recessions will occur, Buffett has packed his company's $280 billion investment portfolio and owned assets with businesses that can take advantage of nonlinear periods of growth. With the average U.S. recession since World War II lasting just 10 months and the typical expansion enduring for five years, Buffett and his crew simply need to exercise patience and allow time to work its magic. Warren Buffett also has a penchant for diving into dividend stocks. Companies that pay a regular dividend have historically run circles around their non-paying peers in the return column over the last half-century. Berkshire appears to be on track to collect more than $5 billion in dividend income this year alone. Don't overlook Berkshire's phenomenal buyback program, either. Despite Buffett going cold turkey on share repurchases for three consecutive quarters, he spent close to $78 billion, in aggregate, buying back his own company's stock from July 1, 2018 to June 30, 2024. These buybacks have helped to boost Berkshire's earnings per share and made its stock more attractive. A second non-tech stock that can blow past Nvidia's valuation over the coming 10 years is none other than payment-processing leader Visa (NYSE: V). Visa's current market cap of $715 billion places it more than $2.7 trillion behind Nvidia. One of Visa's core catalysts is shared with Berkshire Hathaway: the disproportionate nature of economic cycles. With periods of growth lasting considerably longer than downturns, Visa is able to benefit from consumers and businesses increasing their spending over time. Something else that helps set Visa apart within the financial sector is its general avoidance of lending. Though companies that choose to process payments and lend can double-dip during periods of growth, it also exposes these double dippers to credit delinquencies and loan losses during recessions and sluggish periods of economic expansion. With Visa shying away from lending, it doesn't have to worry about setting aside capital. In short, Visa bounces back from downturns quicker than most financial stocks. Arguably the biggest opportunity for Visa exists beyond domestic borders. Cross-border payment volume has been consistently growing by a double-digit percentage annually, which is reflective of how underbanked most emerging markets are. This is a company that has the cash flow and balance sheet to organically or acquisitively enter new markets and sustain a double-digit sales and earnings growth rate. The icing on the cake is that Visa dominates domestically. The roughly $6.45 trillion in credit card network purchasing volume it handled in 2023 is approximately $2.4 trillion more than its three closest competitors, combined. Visa's U.S. cash flow is rock-solid and predictable. The third non-tech stock with the tools and intangibles to fully leapfrog Nvidia's market cap by 2035 is retail powerhouse Walmart (NYSE: WMT). Walmart's $765 billion market cap leaves it about $2.7 trillion away from Nvidia as well. Walmart's easily identifiable competitive edge is its size. Its steady operating cash flow and deep pockets allow it to purchase products in bulk. When buying large quantities of goods, Walmart is able to negotiate a lower per-unit cost, which in turn allows it to undercut local stores and national grocers on price. Walmart offers a value proposition that speaks to consumers. But Walmart is also an innovator. Management has been aggressively investing in its online presence and ramping up its membership platform (Walmart+) in an effort to boost organic growth and its margins. During its fiscal first quarter (ended April 30), global e-commerce sales surged 22%, with U.S. e-commerce delivering its first quarter of profitability. Furthermore, membership income jumped by nearly 15%. Similar to Costco Wholesale's membership model, membership fees flow to the bottom line and allow Walmart to be more aggressive with its pricing on traffic-driving goods. Accepting lower margins on select groceries gets consumers in its stores or locked within its ecosystem where they can make higher-margin discretionary purchases. Lastly, and to build on the point above, Walmart provides basic need goods, such as food, toiletries, and household cleaning products. It's going to draw consumers in any economic climate, and is fully capable of generating predictable cash flow year after year. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $888,780!* Now, it's worth noting Stock Advisor's total average return is 999% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Sean Williams has positions in Visa. The Motley Fool has positions in and recommends Berkshire Hathaway, Costco Wholesale, Nvidia, Taiwan Semiconductor Manufacturing, Visa, and Walmart. The Motley Fool has a disclosure policy. Prediction: 3 Non-Tech Stocks That Can Blow Past Nvidia's Market Cap by 2035 was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Hopper will make you dizzy with her hyper zoomies and twirls
Hopper will make you dizzy with her hyper zoomies and twirls

Yahoo

time14-06-2025

  • General
  • Yahoo

Hopper will make you dizzy with her hyper zoomies and twirls

Preview all of the adoptable pets at To meet or adopt a pet located at SPCA Florida, stop by the Adoption Center Monday through Friday from 11 a.m. to 6 p.m. or Saturday and Sunday from 11 a.m. to 5 p.m. Prior to adoption, all pets are spayed or neutered, microchipped, up to date on vaccines and come with a month of flea and heartworm prevention. For questions, contact SPCA Florida's Adoption Center at 863-577-4615 or adopt@ Breed: Mixed Breed (Medium) Gender: Female Weight: 49 pounds Age: 1 year Orphaned Since: April 16 Adoption Fee: $250 Get ready to bond with Hopper, a happy-go-lucky gal who's as bright as a ray of sunshine. She embodies the gamut of goofiness from chillathons to hyper zoomies. Don't let her short legs fool you. At times her whirling dervish twirls will make you dizzy followed by calmer time-outs to crash on the couch. Hopper loves everyone, canines and humans alike. So, hop on down to SPCA Florida to meet and take Hopper home. Breed: Bulldog Gender: Male Weight: 46 pounds Age: 7 months Orphaned Since: Nov. 9 Adoption Fee: $250 Imagine an adult-sized canine with a puppy mindset and that's Jelly Roll, whose 24/7 enthusiasm is contagious. Soon he'll graduate from obedience training where he is learning to fine-tune commands and how to integrate into his forever family. Witness his playful antics and participate in the fun. During down times, this social pup will dial it back with couch cuddles and drift off to dream about adventures with his family. Make Jelly Roll's dreams come true with a road trip to his future home. Breed: Domestic Shorthair Gender: Female Weight: 8 pounds Age: 2 years Orphaned Since: Jan. 6 Adoption Fee: $100 Magnolia, the domestic shorthair cat who's hanging out at the Orlando Cat Café, is as beautiful as the delicate flower she's named after. Visit her and she will bloom and thrive in her forever home. Magnolia's chill with other cats and is the super affectionate feline who will complete your family. Take a crate and a treat to the Café to shed some love on this adorable feline: Breed: Domestic Shorthair Gender: Female Weight: 11 pounds Age: 1 year Orphaned Since: March 17 Adoption Fee: $75 Meet Ursula, the queen of sass. Much like her sea witch namesake, Ursula can be a little grumpy when she's not getting her way, like when the treat bag is out of reach, but don't let that fool you. This fabulous feline doesn't need a magic shell to steal your heart, just catnip and a cozy spot by the window. Once you're in her good graces, she'll reward you with purrs, headbutts and endless love. Ready to make a deal? Ursula's waiting. This article originally appeared on The Ledger: Meet this week's SPCA pets: Hopper, Jelly Roll, Magnolia and Ursula

‘I knew': Woman grieves loss of unborn child following arrest of second shooting suspect
‘I knew': Woman grieves loss of unborn child following arrest of second shooting suspect

Yahoo

time13-06-2025

  • Yahoo

‘I knew': Woman grieves loss of unborn child following arrest of second shooting suspect

A Gastonia shooting left multiple people injured and an unborn baby dead in March, police said. Two arrests have been made, but a mother is still grieving her baby, who would have been a month old by now. Alyssa Raine was 17 years old and nine months pregnant when she said two masked men broke into a Gastonia motel room and killed the baby she never got the chance to meet. She told Channel 9's Ken Lemon that even though the shooting happened in March, it's still very real for her. 'Every night is hard to go to sleep, the same scene replays over and over in my head,' Raine said. She said the two masked men carried guns and forced their way into the room at the Ecolodge. Jadedic Black was arrested and charged in Gaffney on Thursday, police said. READ: 2 charged in shooting that left unborn baby dead, multiple hurt at Gastonia hotel Police arrested their first shooting suspect, Trinity Hopper, last week. Both are behind bars, charged in connection with the death of Raine's unborn child. She said she recognized Hopper from the robbery. Raine said Hopper pushed her onto the ground after she told the men she was nine months pregnant. She got up, told a friend to call the police, and then heard gunfire. 'I had nowhere to go, and the bullet hit me straight in my stomach,' she said. Raine said she felt her little girl react. 'I knew from the moment that I was shot when I felt my daughter curl up inside of me, and I felt no more movement,' she said. And she said it has been difficult ever since. 'I had to spend my first Mother's Day without a daughter,' Raine said. Lemon asked her if there was anything she wanted the suspects to know. 'I forgive them,' she responded. 'Because if I don't, I'll never be able to heal, and I'll always hold that over them.' Raine told Lemon that even though she forgives them, she still can't excuse what happened. She said she hopes they never get out of jail. Hopper has been indicted and Black is waiting to be extradited to North Carolina to face a judge. No additional details have been made available. This is a developing story. Check back with for updates. WATCH: 2 charged in shooting that left unborn baby dead, multiple hurt at Gastonia hotel

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