Possible Cuts In Government Funding Could Affect Renewables

Via AG Metal Miner The Renewables MMI (Monthly Metals Index) dropped by 3.65% between March and April. This represents the index’s most significant drop since November 2022. Despite this, the index still has yet to break out of its sideways trend. However, the falling economy continues to keep both renewable energy companies and investors on edge. The Inflation Reduction Act currently supports the index, particularly electric vehicles. However, renewable resources could start feeling the strain with the economy slowing down…