This week has been a good week for Big Oil and the Climate…

In this episode we discuss record breaking profit for oil companies, we also talk about the Inflation Reduction Act - the largest package of funding for climate change initiatives in US history that also promises to solve inflation.

We look at the history of the bill - and how the climate spend has been negotiated down due to the nature of the US political system and we reveal who we think is currently ‘the most powerful man in the world’!

We dig in to the good, the not so good about the bill and what we actually think it will do to bring down carbon emissions - and put this into context of the 51bn tCo2 net zero target.

This is part 1 of a 2 part episode, next time we will look at why and how Big Oil tries to maintain its position in a world facing an increasingly urgent need to transition to cleaner sources of energy. And we will put the Inflation Reduction Act and the politics into context for you - as a long term impact investor.

As always this podcast is not financial advice and when investing your capital is at risk.

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