The Biden administration passed the biggest climate change bill in history in August, boosting a range of U.S.-listed clean energy stocks. His $430 billion inflation cut bill, also known as the climate bill, includes his $369 billion for energy security and clean energy measures. The bill has broad implications for the renewable energy sector. It affects nearly every sector, from solar to wind, hydrogen, nuclear power, electric vehicles and newer technologies. Goldman Sachs called the bill a “game changer” for the “clean” hydrogen economy. Investment banks and other analysts have named the world’s top stocks and explained how they would benefit from the bill. “Clean” hydrogen Climate legislation includes investment tax credits, and for the first time hydrogen is included in the scope of energy storage technologies eligible for those credits, Goldman said. Hydrogen can be used as a method of storing energy from intermittent renewable sources such as the sun and wind. There are also “clean vehicle” credits for commercial vehicles, including hydrogen fuel cell vehicles, the bank said. Overall, the bill includes his $9.5 billion for “green” hydrogen initiatives. Cleantech stocks in the Europe, Middle East and Africa region will benefit, according to Goldman. Investment banks chose these buy-rated stocks with notable US sales exposure: Nel and Industrie De Nora. Lithium Demand for lithium, a key component in electric vehicle batteries, is expected to rise in the near future and outstrip supply over the next decade, Morningstar said. Besides, the company said the impact of climate legislation will boost demand for lithium. “We believe this will benefit all lithium producers due to increased demand, and we believe the market will remain undersupplied for longer. , further reinforces the current view that the lithium market will remain in short supply over the next decade and that prices will rise significantly because of the marginal cost of production,” the company wrote. Morningstar said many clean energy stocks are already completely overvalued, but added that lithium producers could rise further, he said of the global stocks on the list. One is the Chilean lithium producer Sociedad Kimika I Minerade He Chile. It is the world’s largest lithium producer. Automaker EV Supply Chain Morningstar sees an opportunity in his chain of electric vehicle supply. As for traditional automakers, they prefer those that can transition to EVs. Named after Volkswagen and BMW. The company also favors traditional car suppliers, which are well-positioned to supply EV makers. One of the names he chose is the German auto parts maker Continental. — CNBC’s girlfriend Pippa Stevens contributed to this report.