Biden’s Ambitious Energy Plan Welcomed By Clean Energy Companies
International Endeavors Corporation (IDVV) is poised to benefit from President-elect Joe Biden's ambitious clean energy agenda, including a proposed $1.7 trillion investment to advance renewable technologies. Biden's plans encompass restoring environmental protections and promoting electric vehicles and energy-efficient infrastructure. IDVV recently partnered with Atrius Energy to develop a solar cell with potential efficiency of 95%. Vice President Bill Martin believes 2021 will be pivotal for the company, focusing on its innovative Isothermal Cell technology for various applications.
- Partnership with Atrius Energy to develop high-efficiency solar cells.
- Potential for Isothermal Cell technology to improve energy solutions with 95% efficiency.
- Strategic alignment with Biden's clean energy initiatives, enhancing growth prospects.
- None.
LOS ANGELES, CA / ACCESSWIRE / November 30, 2020 / President-elect Joe Biden calls climate change an existential threat to America's environment, health, national security and economy, and has promised a clean energy revolution to counter it. Biden has pledged that on his first day in office he will bring the U.S. back into the Paris Climate Agreement. He also is expected to restore numerous environmental protections that the Trump administration has weakened or revoked, and to cancel oil and gas leasing in the Arctic National Wildlife Refuge.
This has companies developing clean energy technology such as International Endeavors Corporation "IEC" (OTC PINK:IDVV) excited about the future. Biden has big plans for clean energy, and IEC is looking to capitalize on it's Isothermal Cell technology.
The centerpiece of Biden's energy and climate proposals is a call for investing
Other key plans involve upgrading millions of public and commercial buildings to make them more energy efficient; providing public transport options for every American city with 100,000 or more residents; and hiring up to 250,000 workers to locate, plug and reclaim tens of thousands of abandoned oil, gas, coal and hard rock mines in dozens of states.
This partial list shows how broad and diverse Biden's agenda is. While Biden insists it is not based on the Green New Deal, it embraces some clear progressive elements, such as achieving zero-carbon power generation in 15 years and installing 500 million solar panels by 2025.
This is where International Endeavors Corp, a publicly traded company under ticker IDVV comes in. Recently IDVV announced an agreement with Atrius Energy to develop a line of products using its patented Isothermal Cell technology. They believe the technology can be utilized to create a photovoltaic cell with up to
Biden has made clear that he will also require federal agencies to address environmental and energy justice matters, such as increased pollution burdens and higher energy costs in areas where poorer families and people of color live. One point in his favor is that the pandemic has made the public more receptive to government spending at high levels. Another is that Americans - including a majority of Republicans - increasingly support government action on climate change. Harnessing this consensus could help Biden advance his energy goals.
IEC (OTC:IDVV) Vice President Bill Martin stated "IDVV believes strongly that clean energy is about to make a major comeback with the new administration and we are putting everything in place to take advantage of it. Using isothermal cell technology for photovoltaics is just the tip of the iceberg. We are currently in the process of testing the technology as a means of powering smart devices and indoor sunless energy applications. Uses that will be completely revolutionary once developed out. 2021 is going to be very productive for our company."
Relevant Links
https://finance.yahoo.com/news/iec-enters-loi-atrius-energy-120000246.html
https://patents.google.com/patent/US20170288083?oq=
https://patents.google.com/patent/US20170288083A1/en
About International Endeavors Corporation (OTC:IDVV)
International Endeavors Corporation is engaged in locating and acquiring established companies, brands, and technologies in both the hospitality and green energy sector. The company also has a real estate portfolio that includes commercial property, agricultural land, and buildings.
Disclaimer
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. International Endeavors Corporation (IDVV) is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Bill Martin, Vice President
Phone: 1-619-343-3199
Email: billmartin@internationalendeavorscorp.com
SOURCE: International Endeavors Corporation, Inc.
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