Browsing Tag

legislation

US EV Leadership at Risk due to GOP Bill Amid China Fears

TL/DR - Republicans have proposed a bill, named the "ELITE" Vehicles Act, which seeks to eliminate the electric vehicle (EV) tax credit, potentially hindering US EV manufacturing and shifting leadership to China. The bill was introduced as part of the Inflation Reduction Act, and critics argue it could undermine the US auto industry, worsen local…

Home energy rebates from Inflation Reduction Act may come soon

TL/DR - The US federal government is issuing $8.8 billion for Home Energy Rebates programs through states, territories, and tribes. These rebates, worth up to $14,000 or more per household depending on a state's program design, are designed to offset costs for homeowners and landlords who make certain efficiency upgrades to their property. The…