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The Inflation Reduction Act offers much-needed certainty for climate start-ups

A volunteer holds a placard during a news conference on the climate crisis and the Inflation Reduction Act at the U.S. Capitol in Washington, D.C., U.S., August 12, 2022. Climate start-ups could benefit from the Act.

The Inflation Reduction Act releases hundreds of billions of dollars of carbon-cutting enterprises — including start-ups. Image: REUTERS/Kevin Lamarque

Illai Gescheit
Partner, Siemens Energy Ventures, Siemens
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More than 150,000 members of staff have been laid off from start-ups since the pandemic began.
More than 150,000 members of staff have been laid off from start-ups since the pandemic began. Image: layoffs.fyi

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