Institute for Energy Research: Manchin Not Happy With Treasury's Interpretation of IRA's EV Tax Credit
December 08, 2023
December 08, 2023
WASHINGTON, Dec. 8 -- The Institute for Energy Research issued the following agency statement on Dec. 7, 2023:
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Key Takeaways
1 Senate Energy Committee Chairman Joe Manchin is unhappy with new rules issued by the Biden Administration, which he believes violate provisions in the Inflation Reduction Act (IRA).
2 IRA provisions sought to make electric vehicles and component parts from China ineligible for U.S. taxpayer subsidies and grants, w . . .
* * *
Key Takeaways
1 Senate Energy Committee Chairman Joe Manchin is unhappy with new rules issued by the Biden Administration, which he believes violate provisions in the Inflation Reduction Act (IRA).
2 IRA provisions sought to make electric vehicles and component parts from China ineligible for U.S. taxpayer subsidies and grants, w . . .