$260 Billion EV Bill Advances In Senate ...Middle East

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$260 Billion EV Bill Advances In Senate
source : OILPRICE ( Middle East ) () 8
A clean energy tax credit bill worth some $259.5 billion can advance to the Senate floor after the upper house's Finance Committee voted 14-14 on it, Bloomberg reports, noting that despite the even votes house rules allowed the Democrats to advance the legislation. The bill, which includes $31.6 billion in incentives for EV buyers, seeks to consolidate tax credits for renewable energy, including incentives for any carbon-free energy source. It targets everyone in the supply chain, from investors in electricity generation projects to households,…

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