evnow
Well-known member
As covered in another thread by AndyH, Obama asked that we stop subsidizing yesterday's energy (oil) and fund tomorrows.
http://green.autoblog.com/2011/01/26/obama-u-s-can-reach-1-million-plug-ins-by-2015-stop-subsidizi/
He might ask that the $7.5K be made a point of sale rebate. That means
- no waiting, we get the rebate when we buy the car
- people without 7.5K in tax liability can still get the rebate
- people who have to pay AMT will still get the 7.5K rebate (update - AMT doesn't apply to tax credits even now)
This was one of the points in the EV bill that passed the senate comittee but didn't get to floor of the last congress.
This is from the mail that came from his office.
http://green.autoblog.com/2011/01/26/obama-u-s-can-reach-1-million-plug-ins-by-2015-stop-subsidizi/
At the California Institute of Technology, they're developing a way to turn sunlight and water into fuel for our cars. At Oak Ridge National Laboratory, they're using supercomputers to get a lot more power out of our nuclear facilities. With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have 1 million electric vehicles on the road by 2015.
He might ask that the $7.5K be made a point of sale rebate. That means
- no waiting, we get the rebate when we buy the car
- people without 7.5K in tax liability can still get the rebate
- people who have to pay AMT will still get the 7.5K rebate (update - AMT doesn't apply to tax credits even now)
The details of the administration's plan will become more clear in the next few weeks when the budget proposal is released. Besides investments in R&D, they'd like to change the $7,500 plug-in vehicle tax rebate into a point of purchase rebate, meaning everyone would be elegible for the full amount with no waiting. Charging infrastructure development is also high on the wish list.
This was one of the points in the EV bill that passed the senate comittee but didn't get to floor of the last congress.
This is from the mail that came from his office.
This vision for the future starts with innovation, tapping into the creativity and imagination of our people to create the jobs and industries of the future. Instead of subsidizing yesterday's energy, let's invest in tomorrow's. It's why I challenged Congress to join me in setting a new goal: By 2035, 80 percent of America's electricity will come from clean energy sources.