Jay Jacobs is Managing Director and U.S. Head of Thematics and Active Equity ETFs at iShares. Jacobs recently took retail investor questions about the Inflation Reduction Act and its potential impact on clean energy and EV via the Public.com investing platform. Here’s an exclusive recap of the Town Hall event for Benzinga readers.How far into the horizon are the impacts of the Inflation Reduction Act legislation? Jay Jacobs: The IRA could have profound implications for the EV and clean energy industries, with spending allocated through 2031. We are already seeing impact from the legislation, and the demand for clean energy is rapidly growing. Businesses worldwide are feeling the pressure to reduce their carbon footprints, accelerating the transition to net-zero. Meanwhile, consumers are responding enthusiastically to government programs in place to motivate purchases of EVs over…
EXCLUSIVE: iShares Exec Talks Inflation Reduction Act Impact on Clean Energy and EV
