Image courtesy of Pattern Energy.
In a press release dated June 5, TXSE’s parent company TXSE Group Inc. stated that it will “focus on enabling U.S. and global companies to access U.S. equity capital markets and will provide a venue to trade and list public companies and the growing universe of exchange-traded products.” The purported goal of the legislation is to protect the public from financial risk related to renewable energy and other elements of “ESG” investing. However, the law of unintended consequences is also hard at work, with local governments losing millions on bond sales attributed since 2021 .
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