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VCs Say Climate Bill Will Help ‘Prime the Pump’ for Startup Growth

Investors are enthusiastic about the Inflation Reduction Act’s impact on renewable energy, EVs and Fortune 500 companies.

A worker inspects solar panels at manufacturing plant in California.

A worker inspects solar panels at manufacturing plant in California.

Photographer: David Paul Morris/Bloomberg

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Investors at G2 Venture Partners, a Silicon Valley firm that backs climate technology, spent this week poring over the Inflation Reduction Act, the US Senate’s landmark climate bill that is expected to be up for a vote Friday in the House of Representatives. It was an exercise in cautious optimism.