What impact will ending the tax credit for electric vehicles have on global warming?
This is included in the Senate version of the tax reform bill.
- JimZLv 72 years agoFavorite Answer
It will certainly impact sales. It will make electric vehicles compete in a more fair way. Why should I pay for someone else's car? When you use the government to distort prices, it tends to lead to all sorts of undesirable consequences. There is much in the Senate Bill I like but it is certainly a lost opportunity. The best you can say it is better than nothing, but not much better.
- Climate RealistLv 72 years ago
Another nail in the coffin for any place less than 70 metres above sea level.
Electric cars can be charged with hydro, geothermal or nuclear power. If people insist on wind or solar power, we should run our cars on hydrogen, which can be made from electricity whenever the Sun shines or the wind blows.
- a2yarLv 72 years ago
slow the inevitable
- Anonymous2 years ago
Less kids to dig for those rare Earths
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- $@!ar W!ndLv 62 years ago
Again, Global Warming is a myth and Bloomberg came out last week and said that Tesla could run out of money by August 2018 and one of the reasons is the loss of Government subsidies.
- ElizabethLv 72 years ago
Not much. But it will harm US car manufacturers who, regardless of the reform bill and desires of Trump, still have to produce electric cars for some US states and international markets. I guess what that means is that by abolishing the tax credit, US citizens will be dissuaded from purchasing electric cars built by US manufacturers. America First? Yeah ... right ...