The Inflation Reduction Act’s support for EVs and clean power could land on the chopping block if the Republican front-runner returns to the White House.
  • Optional
    14•3 months ago

    We can just skip all the “If Trump gets elected” articles and get to the point.

    If Trump doesn’t lose, we’re all going to die much faster than we expected to. And whatever and whoever you love will be much worse off. We’ve seen it. We know. This is utter insanity that there’s even a question about it for anyone who considers themselves a reasonable person.

    Of course, that’s what we said the first time, and, well, there’s a lot of really stupid racist people in swing states, ok?

  • Jesus
    10•3 months ago

    If he gets reelected, I imagine we’re going to see another surge of people trying to buy an EV before credits go away. Just like last time.

    • @silence7OP
      9•3 months ago

      A short-lived surge like that can’t create an industry which displaces the use of fossil fuels for transportation.

      • Jesus
        2•3 months ago

        Agreed. I was considering a Model 3 back when Trump and the GOP did this last time, and I remember a bunch of folks scrambling to lock in an eligible purchase while they still could.

        Not a great move for long term adoptions, but the credit scarcity definitely had the Telsa store buzzing for a few months back at the end of the last decade.

  • @wildcherry
    5•3 months ago

    The IRA leverages government funds to accelerate the energy transition through a combination of direct grants and tax credits, which allow companies or individuals to cut their federal obligations in exchange for buying, installing, investing in, or producing cleaner power and product.

    Yeah that will not help climate change. Believing a bunch of tax-cut and grant to corporations (who did this to us in the first place) will help with climate change is almost as idiotic as capitalist invisible hand.