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Trump Administration Wants To End Subsidies For Electric Cars, Renewables (reuters.com)

Posted by BeauHD on from the line-in-the-sand dept.

White House economic adviser Larry Kudlow said on Monday that the United States wants to end subsidies for electric cars and other items including renewable energy sources. "Asked about actions planned after General Motors announced U.S. plant closings and layoffs last week, Kudlow said he expected subsidies for buying electric cars will end in 2020 or 2021," reports Reuters. "Kudlow said the Trump administration will end other subsidies, including on 'renewables.'"

1 of 481 comments (clear)

  1. Re: Good by fortfive · · Score: 3, Interesting

    You do know that gov't subsidies got internal combustion going back in the 1910's right? When ev trollies, with low operating costs and long lifespans, were supplanted with busses?