Tag: tax incentives
Could Be A Huge Surge In US EV Sales In Rest Of 2025, And Then Big Crash
So, reportedly, the plan for how Republicans will kill the $7,500 tax credit for electric vehicles is this: 180 days after the budget bill is passed into law, the EV tax credit will go away. Additionally, the tax credit for leased EVs will be eliminated immediately for cars produced outside … [continued]
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Republican Budget Bill to Raise People’s Energy Prices
As I just covered, repealing clean energy tax credits from the Inflation Reduction Act via the current Republican budget bill will hurt jobs and economic progress in numerous Republican-controlled states, and more than a dozen Republicans in the House of Representatives are now asking Republican Senators to help them by … [continued]
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Republicans in House Who Don’t Want Clean Energy Tax Credits Cut Look to Senators to Save Them
As we’ve pointed out repeatedly, clean energy and electric vehicle production tax credits included in the Inflation Reduction Act of 2022 passed by Democrats disproportionately benefit states and districts controlled by Republican Congressmen. It really doesn’t make sense to kill policies that are supporting tens or hundreds of thousands of … [continued]
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REPORT: U.S. Adds 8.6 GW of New Solar Module Manufacturing Capacity, One of its Strongest Quarters of Growth in U.S. History
House-passed federal tax legislation threatens to undercut the solar industry, which is the primary source of new U.S. electricity generation and is delivering a historic boom in domestic manufacturing WASHINGTON, D.C. — The U.S. solar industry added 8.6 gigawatts (GW) of new solar module manufacturing capacity in Q1 2025, marking … [continued]
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Elon Musk’s Political Naivete, Part 376
Last week, I unloaded a little bit on Elon Musk’s political ignorance, which has stood out as he has gotten into a big fight with Donald Trump and other Republicans over the budget bill. I thought I’d leave it at that, but I’ve now run across a quote from Elon … [continued]
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