The Green Investor Calling Out Biden’s Climate Law for Enriching Bankers and Consultants
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One of the world’s biggest green investment managers is voicing frustration over some key features of President Joe Biden’s landmark climate law.
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Published Jan 14, 2024 • 4 minute read
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(Bloomberg) — One of the world’s biggest green investment managers is voicing frustration over some key features of President Joe Biden’s landmark climate law.
Impax Asset Management, which hailed the Inflation Reduction Act as a game changer shortly after it was unveiled in mid-2022, now says the legislation has too many built-in hurdles that are delaying implementation and enriching middlemen while leaving less money for green projects.
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Bloomberg News
2024-01-14 09:55:53
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