Joe Biden signed the Inflation Reduction Act (IRA) in August 2022, which allocated millions to combating climate change and other energy provisions while additionally establishing a $7,500 tax credit for electric vehicles. To qualify for the subsidy 40% of the critical minerals used in electric-vehicle batteries must be sourced in the U.S. EU and South Korean officials argues that the subsidies discriminated against their automotive, renewable-energy, battery and energy-intensive industries. Proponents argue that the tax credits will help combat climate change by encouraging consumers to purchase EVs and stop driving gas powered automobiles. Opponents argue that the tax credits will only hurt domestic battery and EV producers.
@9L7RWG7Independent1mo1MO
No, invest more in our public transport system instead.
No just because you have an expensive electric car doesn't mean you're better than everyone else
Jus don't ban fossil fuels vehicle till electric cars become more affordable than currently
@9GNW32L6mos6MO
Yes, providing a small amount may encourage other people to buy electric vehicles
No, and use that money in the development of public transport
@9MBLRCN6hrs6H
Yes, as long as they also provide infrastructures and these vehicles only consume clean energy sources
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