The $369 billion allotted for climate and energy provisions in the Inflation Reduction Act of 2022 will have wide-ranging impacts on public and private companies for decades as they brace for an influx of ready-made funds in the space.
Why it matters: Climate technology companies stand to benefit as much as, if not more than, everyday consumers, from better access to a tranche of funds — via grants, loans, credits or subsidies — that didn't exist even earlier this week.
