With the US Inflation Reduction Act outlining a number of stimulus measures for clean energy, Thiemo Lang, Senior Portfolio Manager of the Polar Capital Smart Energy Fund, explores how significant a development this is for the sector. Describing it as the ‘most comprehensive climate change bill that has ever been launched’ Thiemo explains how, combined with the updated European Green Deal, the portfolio may benefit as a result, as well as giving his outlook for the second half of 2023.