Saturday, February 03, 2024

Biden Admin Classifies Martha’s Vineyard, Elite Locales As ‘Low-Income’ To Push EV Charger Subsidies


The Biden administration is classifying some of the country’s most elite and exclusive locales as “low-Tincome” areas, making them eligible for electric vehicle (EV) charger subsidy programs.

...The administration’s EV charger tax credit program — made possible by the Inflation Reduction Act (IRA), President Joe Biden’s signature climate bill — is specifically designed to route subsidies to “low-income” or “non-urban” areas of the country. The “low-income” emphasis for eligibility aligns in spirit with the Biden administration’s wider pursuit of so-called “environmental justice,” which is effectively the combination of social justice ideology and green policy.

...Building out a nationwide charging network is a key supporting plank of the Biden administration’s EV agenda, but the charging infrastructure that currently exists is concentrated in wealthier, more densely-populated coastal regions of the country. The Biden administration’s tax credit program is designed to blunt the costs of charger construction specifically in non-urban, less wealthy parts of the country that would be less likely to install them.

“This tax credit provides up to 30% off the cost of the charger to individuals and businesses in low-income communities and non-urban areas, making it more affordable to install EV charging infrastructure and increasing access to EV charging in underserved communities,” the White House stated on Jan. 19.Building out a nationwide charging network is a key supporting plank of the Biden administration’s EV agenda, but the charging infrastructure that currently exists is concentrated in wealthier, more densely-populated coastal regions of the country. The Biden administration’s tax credit program is designed to blunt the costs of charger construction specifically in non-urban, less wealthy parts of the country that would be less likely to install them..more


1 comment:

Anonymous said...

Taking care of friends… All out in the open. How corrupt. And they don’t care.