The Hidden Impacts of the EV Credit on Financial Services

As futurists working with companies through climate scenario analysis, we are analyzing the second- and third-order impacts of the Inflation Reduction Act on the financial services and insurance industry. Take one component of the IRA as an example: the electric vehicle (EV) credit. This credit, intended to reduce U.S. reliance on carbon-based fuels, brings downstream opportunity and uncertainty. We think through some of these potential consequences for the financial services industry: Read more here.