Sustainability At Work
According to VanEck, we have seen an increase in interest since the Inflation Reduction Act (IRA) was passed more than six months ago. Due to the favorable and direct influence on project economics and cost savings, participants from all over the world, up and down the value chain of the energy transition, have chosen the U.S. to build out supply chains. $150 billion in domestic manufacturing projects for storage, solar, and wind have been announced in the past eight months, with planned online dates falling within the following three years. For comparison, this sum exceeds the sum of investments made in these regions between 2017 and 2021.