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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

The Cantwell-Collins plan is almost exactly what Mr. Obama proposed in the campaign and after first taking office–a 100 percent auction of permits and a large tax rebate to the public. states are already actively participating in the design and implementation of three regional cap-and-trade programs to reduce greenhouse gas emissions.

Gas 244
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Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

Furthermore, the EPA cannot legally issue a formal ban on combustion vehicles. However, the legal hurdles confronted by the Trump administration were vast and Biden undid any headway it had made by subsequent executive order. Ultimately, it doesn’t really matter if the proposed bill makes it through the House and Senate.