What caught my eye was a $7,500 rebate for new electric vehicles. Very definitely needed. And that really isn't enough. There needs to be a deal for people to trade in their gas-powered vehicles. (And those should NOT be shipped to third world countries. They should be used for parts, recycled metals, or destroyed.)The bill, H.R. 5376 (117), dubbed the “Inflation Reduction Act of 2022,” would spend nearly $370 billion on a raft of tax credits to help stimulate adoption of clean energy technologies, as well as spending for low-income and minority communities that suffer disproportionately from pollution.
It also calls for holding lease sales for oil and gas production on federal land and water, while establishing fines for excessive methane pollution.
Here’s a breakdown of what’s in the bill expected to reach the Senate floor next week:
Politico
Continue reading.
...but hey, do what you want...you will anyway.
PS That's one of the first times I've seen Democrats manage to message properly, calling the bill "The Inflation Reduction Act".
...but hey, do what you want...you will anyway.
PS That's one of the first times I've seen Democrats manage to message properly, calling the bill "The Inflation Reduction Act".
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