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prettyprtyprtygood t1_iyacgr9 wrote

CLNE is not new technology or a breakthrough in any way. It has been a legal requirement of all landfills to collect landfill gas for over 20 years and either burn it to make electricity or sell it. CLNE just rebranded an old technology so they would appear to be "Clean Energy". CLNE is a company that sells natgas for trucks, and they happened to have contracts to buy landfill gas. This started out as a greenwashing scam by an oil company, and now it has turned into a spun off stock that is a meme stock.

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Please explain the upside?

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