"The Inflation Reduction Act’s future. On the campaign trail, Trump promised to claw back all or part of the Inflation Reduction Act, the Biden administration’s signature climate policy. It is unclear if Republicans would pursue a full repeal of the law, said Julien Dumoulin-Smith, an analyst at Jefferies. The law, which has routed funding to many red states, has won support from some lawmakers whose districts have benefited from new investments."
On the reverse side of the coin The Donald is taking his foot off the EV pedal . The only certainty is that there will be more uncertainty IMO the demand for minerals previously thought to be favoured under Biden such as battery minerals / rare earths inc Cobalt will languish with $ imperatives directed internally . Commentary in WSJ expresses the above view. The Elon effect will be interesting to watch on The Orange One.
Add to My Watchlist
What is My Watchlist?
