Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term
Green Car Congress
SEPTEMBER 21, 2012
In evaluating the effectiveness of the credit, the report provides the caveat that ‘As yet, no reliable estimates exist of the share of electric vehicle sales that can be attributed to the tax credits.’. Effects of Federal Tax Credits for the Purchase of. Cultivate local PEV clusters. Electric Vehicles.
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