For climate tech startups, the IRA is starting to pay off

The Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% reduction in economy-wide greenhouse gas emissions by 2030. And even startups are beginning to benefit. 
Private investment into climate tech startups is on track to match, and likely surpass, the government’s funding, particularly as investors feel secure in a growing market for such technologies. 
In the past year, more than 270 new clean energy projects have been announced, with private investmen

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