Passage of the Inflation Reduction Act of 2022 (IRA) represents a watershed moment in United States climate policy. In this edition of our series on the IRA, Bob Finstra from our Responsible Investing Team discusses implications to the auto sector with our credit specialists Nancy Poz and Nate Hudson. They discuss the potential impact to automakers transition plans, auto parts manufacturers supply chains, and consumer electric vehicle demand and affordability as they relate to the investment grade and high yield credit markets.
By Robert Finstra, Research Analyst, Responsible Investing, Nate Hudson, Credit Analyst, High Yield Team and Nancy Poz, Credit Analyst, Global Credit and Global Fixed Income Teams
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