 Energy & Environment |
Energy & Environment |
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Biden adopts broad rules for EV charger tax credit |
The Biden administration is taking a broad approach to tax credits for electric vehicle (EV) chargers — interpreting the law so credits can apply to areas where most Americans live. |
The White House said in a fact sheet that the tax credit guidance makes the credits available in parts of the country where about two-thirds of Americans live. The Inflation Reduction Act makes the credits available in both low-income and non-urban areas. The administration on Friday said it would use a broad definition of non-urban, ensuring that the incentive can apply to chargers in most parts of the U.S. Read more at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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How policy will affect the energy and environment sectors now and in the future: |
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Ford is slashing its production of electric pickup the F-150 Lightning, citing weak demands for the vehicle. The automaker is reducing production of its "top-selling electric pickup in the U.S." to get "optimal" balance of profitability, sales growth and production, the company said Friday. |
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The nation is bearing the brunt of a week of winter weather, but not every American student has managed to escape class. |
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(WFLA) — Aldi shoppers will no longer be able to purchase plastic shopping bags at more than 2,300 stores across the United States. It's the first major U.S. retailer to eliminate plastic shopping bags.
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Branch out with a different read on The Hill: |
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President Biden on Friday signed a stopgap funding bill that will keep the government open into early March after lawmakers advanced the bill this week. |
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Upcoming news themes and events we're watching: |
Wednesday The Senate Environment and Public Works Committee will hold an oversight hearing on implementation of amendments to the Toxic Substances Control Act. Biden administration official Michal Freedhoff is slated to testify. The Senate Budget Committee will hold a hearing on climate change's threats to ocean industries.
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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Wind turbines on sacred Osage land must be removed, according to court ruling (NPR)
FEMA leader overseeing NM fire compensation fund to step down, agency announces (Source New Mexico) The United States is drowning OPEC in oil (Quartz)
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Two key stories on The Hill right now: |
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Former U.N. Ambassador Nikki Haley called out rival former President Trump for peddling a false claim about the New Hampshire GOP primary happening next week. Read more |
| Former President Trump is taking on Senate GOP Leader Mitch McConnell (R-Ky.) and his leadership team by calling on Republican lawmakers to reject a compromise on border security. Read more |
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You're all caught up. See you next week! |
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