A climate investors’ guide to the Inflation Reduction Act

By Trey Thoelcke Published Aug 4, 10:30AM EDT

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A climate investors’ guide to the Inflation Reduction Act — © Drew Angerer / Getty Images

(Bill Sternberg is a veteran Washington journalist and former editorial page editor of USA Today.)

WASHINGTON, D.C. (Callaway Climate Insights) — Whether the Inflation Reduction Act of 2022 would reduce inflation is questionable. A new Wharton study says the effect of the legislation — a rebranded, slimmed down version of the bill formerly known as Build Back Better — on prices would be negligible. The act would increase inflation very slightly until 2024 and decrease it after that, with the overall impact being “statistically indistinguishable from zero,” the study concluded.

But if the measure, which contains some $370 billion in climate-related provisions, survives the remaining hurdles in Congress, it would undoubtedly be America’s most ambitious action to combat global warming and would have a massive impact on the clean energy industry. Here’s a look at just some of the potential private-sector winners if the 725-page bill, crafted in secret by Senate Majority Leader Charles Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.), makes it across the legislative finish line:…

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.