Author Topic: Biden considering cracking down on gas cars after stripping EVs of tax credits  (Read 163 times)

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Biden considering cracking down on gas cars after stripping EVs of tax credits
Thomas Catenacci

The Biden administration is weighing an aggressive proposal to implement the tightest-ever federal regulations governing tailpipe emissions in an effort to boost electric vehicles.

The Environmental Protection Agency (EPA) is expected to announce the new standards, which will impact cars manufactured between 2027-2032, next week during a ceremony in Detroit, Bloomberg reported on Thursday, citing officials briefed on the proposal. In a statement, the EPA confirmed the standards are designed to incentivize consumers to purchase electric vehicles (EV).

"Already, President Biden’s Investing in America agenda is powering a domestic clean energy manufacturing boom, lowering costs for American families, and creating good-paying union jobs," the EPA told Fox News Digital.

"As directed by the President in an executive order, the EPA is developing new standards that will build on this historic progress and support the transition to a zero-emissions transportation future, lowering costs for consumers, and protecting people and the planet," the agency's statement continued. "Because they are currently under interagency review, EPA cannot comment further on the rules."

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https://www.foxnews.com/politics/biden-considering-cracking-down-gas-cars-stripping-evs-tax-credits
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