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Stock impact report

The US Election Has Climate Tech Investors in Wait-and-See Mode [Financial Post (Toronto, Ontario, Canada)]

LanzaTech Global, Inc. (LNZA) 
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Clean technology investors and companies are making contingency plans as they wait to see how the US election plays out. Former President Donald Trump and Vice President Kamala Harris couldn't have more different approaches to climate. While Harris hasn't spent much time touting the issue on the campaign trail, she's expected to protect President Joe Biden's accomplishments and follow through on priorities like limiting emissions from power plants. Trump has pledged to rescind unspent funds from the Inflation Reduction Act, the Biden administration's signature climate law with hundreds of billions of dollars in tax credits and incentives for carbon-cutting projects. The economic benefits of Biden's climate legacy will likely shield it from attempts at a rollback. That has some Republicans in Congress already defending IRA subsidies because of the Show less Read more
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