House Republicans want to scrap the $7,500 EV tax credit
They want to dump all kinds of other clean-energy tax breaks, too.
They want to dump all kinds of other clean-energy tax breaks, too.
House Republicans have been critical of the Obama Administration over new-energy loans to companies such as Tesla Motors, and will hold a hearing later this month to discuss struggling California-based Fisker Automotive, the Wall Street Journal says.
The Clean Air Act of 2007 gave the Environmental Protection Agency the right to regulate tailpipe emissions due to their dangers to public health. The law also gave states like California the right to set their own emissions policies; a move that could force automaker
We've gone from $25 billion to $34 billion and back down to $15 billion. The Detroit 3 CEOs have appeared before Congress twice. Congressional Democrats and the White House have spent the last few days wrangling over the final version of a long-in-the-making Auto Rescue/Bailout Bill and just before it's ready to take center stage on the floor of the House and Senate, this happens.