Good news for now, the EV tax credit stays. https://www.cnet.com/roadshow/news/congress-spares-7500-ev-tax-credit Posted via the PriusChat mobile app.
Now if only they could fix all those other issues in that bill, but I won't discuss them for fear of getting this post tossed into Fred's House of Politics. To generate topic-related discussion though, if they simply leave it as is, I wonder how GM, Nissan, and Tesla will be affected. Unless the bill gives them another 200k allotment, they're almost at their 200k limit for plug-in cars sold in the US (non-US sales don't count towards this), and soon won't benefit from it anymore. But the automakers who dragged their feet will still have their 200k allotment, and will likely do a lot of price gouging just to steal EV sales away from those three aforementioned automakers. Especially European automakers towards Tesla, who was stealing so many of their sales prior that they were forced to make a compelling "Tesla-fighter" EV of their own.
Doesn't oil get a lot of tax credits and all that? It's been going on for decades...While Green Energy tax credits is relatively new. I'm not complaining that the tax credit is staying, but I'm definitely not happy in the direction that Congress is going...(actually I wasn't happy with Congress for like half a decade now).
This basically. They want us to think that renewables are getting loads of subsidies and tax breaks, which makes it easier to lie to the common rabble, er I mean "educate the average joe and jane." Meanwhile, don't pay attention to all the subsidies fossil fuels get.
