The US Inflation Reduction Act (IRA) – is it the “black hole” set to swallow ESG investment?

Recent legislation aimed at making the United States a clean energy powerhouse is so vast that it threatens to skew the ESG investment landscape. How will Asia respond?

When the United States passes era-defining economic legislation – think New Deal of the 1930s, or Dodd-Frank, in 2010 – it tends to go large, and the latest epoch-making iteration of American regulatory rulings, the US Inflation Reduction Act (IRA), is no exception.

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