(RepublicanDaily.org) – Senator Joe Manchin (D.Wv.), the Senate Energy Committee Chair, has threatened to sue the Biden administration and take the U.S. Treasury to court over the Biden administration’s electric vehicle tax credits motion, Fox Business reported. A Biden administration official stated that they were “unsure” how many tax credits electric vehicles would be eligible for under rules that were announced on March 31, Fox reported.
Manchin called the tax credit decision a “pathetic” move on the part of the Biden administration, The Washington Examiner reported. Manchin’s statements followed an announcement from Treasury Secretary Janet Yellen that the switch to “new, clean vehicles” would ensure a $7,500 tax credit for electric vehicle adopters. Manchin was angered by the Biden administration’s permissive attitude toward allowing “too many countries” to participate in sourcing materials for EV cars, Politico reported. One of Manchin’s conditions for his vote in favor of EV legislation was that materials come from domestic sources. Manchin has been an advocate of transferring the EV supply chain away from the PRC, Fox Business reported.
Tim Stewart, the U.S. Oil and Gas Association President, told Fox News that the President’s outlook on the EV market is based on the supposition of market demand. He then explained that, as a personal owner of an electric vehicle, there is a lack of infrastructure for electric vehicle charging stations across the nation. He also explained that there is a 60-75% “depending on where you live” chance that the EV charging stations themselves will be powered by natural gas, which means that the president and his policymakers will “have to rely” on the natural gas industry to get them to their goal.
Stewart explained that, in his view, the Biden administration is getting “way ahead of themselves” with its current energy policy. Likewise, Stewart explained that the Oil and Gas Association is cooperating with the process to attempt to “electrify” U.S. highways themselves, where they can rapidly charge vehicles as they drive over rather than having to transport them to a charging station.
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