Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting. | EUROtoday

A pile of presidency money from final yr’s local weather legislation was presupposed to gas a wave of clean-energy startups. Instead, many are operating out of cash earlier than the funding comes by.

Higher rates of interest and rising prices have damage the businesses in what are sometimes capital-intensive industries. Washington’s grinding forms has been sluggish to dole out the money from the climate-focused Inflation Reduction Act.