The US’s vast climate change legislation programme is a year old. The team managing the BlackRock Sustainable American Income Trust plc (LON:BRSA) says the Act is driving innovation in new transition technologies.
Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
The Inflation Reduction Act celebrates its one-year anniversary in early August. The Biden administration’s flagship climate legislation directed $369 billion in clean energy tax credits and funding for climate and energy programs,[1] money that is already working through the system to deliver the government’s decarbonisation ambitions.
