The landmark legislation's climate provisions could unlock billions of dollars of low carbon investment and millions of green jobs - but it also paves the way for new fossil fuel infrastructure. After decades of gridlock, the US looks set to pass sweeping climate legislation for the first time. Barring any late Congressional dramas, President Joe Biden could sign the Inflation Reduction Act (IRA) into law before the week is out, triggering a multi-billion dollar green investment bonanza that promises to drastically accelerate US emissions reduction efforts. The Bill is far from per...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes