The article discusses the speculations surrounding the potential effects of policy changes under a second Trump administration on sustainable investing. JPMorgan analyst, Virgina Martin Heriz, provides insights into various aspects of the market. She forecasts modifications to the Inflation Reduction Act with a strategic approach, focusing on supply chain onshoring rather than drastic changes. Heriz considers the domestic content incentives as safe and points out the potential advantages for clean tech companies like First Solar, SunRun, and Sunnova Energy. Moreover, she discusses the likely continuation of the 45V tax credit for clean hydrogen producers, highlighting the support from traditional energy companies and Republican-leaning regions. Companies such as FuelCell Energy and Plug Power are expected to benefit from the policy stability. On the other hand, Heriz predicts a reduction in subsidies for electric vehicles, including tax credits and charging incentives, which could impact companies like EVgo, ChargePoint Holdings, and Blink Charging. In terms of oil and gas, Heriz suggests that market forces play a more significant role than government policies, anticipating a potentially positive impact on the industry due to reduced regulatory burdens. Despite the expected changes, Heriz emphasizes that fund performance remains a crucial factor in sustainable investing decisions, outweighing political influences. The article provides a comprehensive overview of the potential scenarios and impacts on different sectors under a second Trump administration, offering valuable insights for investors and market observers.