Joe Biden signed the Inflation Reduction Act (IRA) in August 2022, which allocated millions to combating climate change and other energy provisions while additionally establishing a $7,500 tax credit for electric vehicles. To qualify for the subsidy 40% of the critical minerals used in electric-vehicle batteries must be sourced in the U.S. EU and South Korean officials argues that the subsidies discriminated against their automotive, renewable-energy, battery and energy-intensive industries. Proponents argue that the tax credits will help combat climate change by encouraging consumers to purchase EVs and stop driving gas powered automobiles. Opponents argue that the tax credits will only hurt domestic battery and EV producers.
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@B432K254wks4W
Yes, but only for electric vehicle brands whose ownership does not hinder and hurt Canada. Those who hinder and hurt Canada should have a stiff tariff applied.
@B3FNHKX2mos2MO
Should add incentives to BUY an electric vehicle as they regularly cost more than a regular and subsidies would essentially only go to those who are wealthy enough to afford said electric vehicles.
@B324X4F2mos2MO
This is great because electric vehicles reduce carbon emissions. However, there have been many instances in which they exploded, so I think in the near future when they are more safe this rule should be applied.
@9SRR9LS8mos8MO
Yes, but also incentivize those who choose to not purchase a vehicle and use public transportation.
@9SNJQRW8mos8MO
No. Electric vehicle’s batteries are produced by environmentally damaging mining and they are not recyclable. Natural gas is safer until there is more research done on EV’s.
@9RTLWCPIndependent9mos9MO
Yes, maybe not subsidies, but some kind of incentive to make it more affordable
@9RBY87R9mos9MO
The government should subsidize taxpayers who buy ANY form of fuel efficient vehicle
@9RBQSCD9mos9MO
Yes, however make it an income-tested benefit to encourage more uptake by lower-income housholds.
@9MLGJ6Y11mos11MO
We should be focusing on ways to encourage people to buy them of their own volition, by adding charging stations, subsidizing research in to technologies that the EV sector is currently lacking in.
@9L4GGFD1yr1Y
No, the only incentive should be not paying taxes on gasoline
@9K6HR9K1yr1Y
You're are who you are, a retard for buying those.
@9JWZJD3Rhinoceros1yr1Y
Not at this time. Wait till tech is worked out better
little bit of benefits, but not subsidies related to tax.
@9HN5DCR1yr1Y
Yes, but end them after a set period of time, and prorate the benefits to maintain continued incentivisation.
@9H5ZN2X1yr1Y
No matter what vehicle you own, everyone should be treated the same
No, Electric cars and green energy is a scam created to disrupt and make billions with no net gain to the environment
@9GWYSLW1yr1Y
No, it is just as damaging. Instead provide incentives for use of public transport or hydrogen vehicles.
@B2VFKL52mos2MO
No, but only because the carbon footprint to create electric vehicles is currently too high. If the current carbon footprint of EV production could be substantially lowered, then yes.
@B2BM93X3mos3MO
No, electric vehicles are not better for the environment. The refining of elements to create batteries require a lot of coal to be burnt in China so it makes no sense currently.
@9XNN7QZ6mos6MO
Yes, but through repayable loans that take into account the operational savings you get with electric vehicles compared to those with= internal combustion engines
The government should massively subsidize EV manufacturers directly, in exchange for a minority interest in that company
@9W8J6366mos6MO
No, but the government should be putting that money into infrastructure that makes an electric car a more enticing purchase for consumers
@9TYSP557mos7MO
Electric, hybrid, hydrogen, also smaller vehicles that are more fuel efficient.
@9TXLQ287mos7MO
Only if it better for the environment in the long run
@9TFCZYH7mos7MO
No, because EVs alone will not fix climate change and they are not that much better than diesel cars.
@9GDD4J3 1yr1Y
No, that money should be used to increase spending on public transportation.
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