Possible scenario

Negotiations Drag On

its chance, of the story’s futures

−0.1%on the S&P 500, if it happens

The companies and nonprofits remain engaged but cannot quickly agree on water accounting, grid-impact metrics or third-party verification. This outcome preserves the status quo and leaves local opposition and federal reporting mandates as the main constraints.

What it moves

Technology−0.1%
Utilities−0.1%
Business Services+0.1%

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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