House Republican Plan Would Eliminate Electric Vehicle Tax Credit

House Republican Plan Would Eliminate Electric Vehicle Tax Credit

The Republican House tax plan proposed this week includes eliminating the current credit of up to $7,500 for electric vehicle buyers, USA Today reported. Automakers and industry analysts warn that nixing the EV tax incentive could have a negative effect on the entire electric vehicle … Read more…

Oregon’s Senator Wyden Proposes ‘Clean Energy for America’ Tax Credits

Oregon’s Senator Wyden Proposes ‘Clean Energy for America’ Tax Credits

Senate Finance Committee Ranking Democrat Ron Wyden (D-Oregon) and his colleagues introduced a Clean Energy for America Act on May 5 that includes technology-neutral tax credits for domestic production of clean electricity and clean transportation fuel, as well as performance-based tax incentives for energy-efficient homes and office buildings. These credits are open to all resources, including fossil fuels that capture carbon or make efficiency improvements.

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