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Reading: Climate Package Would Give Green-Energy Investors a Lift
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The Wall Street Publication > Blog > Markets > Climate Package Would Give Green-Energy Investors a Lift
Markets

Climate Package Would Give Green-Energy Investors a Lift

Editorial Board Published July 30, 2022
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Climate Package Would Give Green-Energy Investors a Lift
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July 30, 2022 5:30 am ET

Investors were already returning to clean-tech and renewable-power stocks when the proposed $369 billion Senate energy and climate-spending package jolted the sector to its best week in 18 months.

Private investors who continued to pour cash into speculative industries like green hydrogen and carbon capture during the stock-market downturn earlier in the year would be among the biggest beneficiaries of tax subsidies that are part of the bill. Renewable energy and battery producers would get the certainty of tax credits that would last for a decade, which they say will encourage investment.

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