There's a $3 trillion energy revolution coming, and Goldman Sachs has a strategy to play it.
Given this, here are some ways investors can play the new energy revolution: Solar and wind Overall, the biggest investments will be in renewable energy, according to the note.
That means the U.S. will need to significantly ramp up its solar, wind and other renewable energy capabilities.
Meanwhile, for General Electric , the IRA will directly benefit its portfolio of energy businesses, GE Vernova, including wind energy.
Elsewhere, Goldman Sachs highlighted buy-rated Baker Hughes , saying it will get a boost from carbon capture and hydrogen projects.