What the New Electric Vehicle Tax Credits Mean for You
President Biden just recently signed into law the Inflation Reduction Act (IRA), representing the largest federal investment to fight climate change in United States history. The sweeping legislation includes a number of incentives benefitting individuals who want to make more climate-friendly choices like purchasing high-efficiency appliances, installing rooftop solar panels, or purchasing an electric car. Transportation is the country’s largest source of GHG emissions, and electric vehicles (EVs) are the fastest way to reverse that trend. The IRA’s new EV incentives can accelerate the shift away from dirty combustion engines while unlocking consumer savings, onshoring manufacturing jobs, securing America’s clean energy...
September 15, 2022
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