Cleaner Tech

VCs Say Climate Bill Will Help ‘Prime the Pump’ for Startup Growth

Investors are enthusiastic about the Inflation Reduction Act’s impact on renewable energy, EVs and Fortune 500 companies.

A worker inspects solar panels at manufacturing plant in California.

Photographer: David Paul Morris/Bloomberg
Lock
This article is for subscribers only.

Sign up to receive the Bloomberg Green newsletter in your inbox.

Investors at G2 Venture Partners, a Silicon Valley firm that backs climate technology, spent this week poring over the Inflation Reduction Act, the US Senate’s landmark climate bill that is expected to be up for a vote Friday in the House of Representatives. It was an exercise in cautious optimism.