After passage of climate bill, long road awaits

Posted on AllSides August 8th, 2022
From The Left
Climate Change, Environment, Inflation Reduction Act
Shuran Huang/For The Washington Post

In some ways, it’s a peculiar time for Congress to be heaping tax credits onto the electric vehicle industry.

Sales of electric vehicles are skyrocketing and recently hit record highs, according to Cox Automotive. General Motors, which lost access to the old U.S. tax credit for electric vehicles three years ago, has sold 70,000 plug-ins since then despite a public relations disaster involving burning batteries. Pricier Tesla has reached an annual pace of nearly 1 million car sales worldwide. And multiyear back orders have piled up for electric versions of GM’s Hummer, Volkswagen’s updated minivan...

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