Green Energy

The Inflation Reduction Act laid the foundation for US public and private spending on green energy manufacturing and total energy capacity. This has further been a point of emphasis in the EU as an impending energy crisis pushed the issue into a need, and the Chinese government has also been actively investing in the area. However, these policies are disproportionately impacting public firms, with utility-scale solar and wind companies able to realize benefits now. Residential solar, hydrogen, and EV names are consumer-facing business models whose credits are being offset by the current economic backdrop.

—No Current Investments—