treasury department
Photo by CHUTTERSNAP on Unsplash
Looming Treasury rule could make or break Biden’s electric car hopes
Guidance from the Treasury Department will spell out how hard a line the U.S. is drawing against electric vehicles with battery parts or minerals sourced from China.
U.S. car brands will benefit most from electric vehicle tax breaks
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
Photo by Max Bender on Unsplash
The EV of the future has three wheels
The auto rickshaw is more or less a motorcycle in the front and a party in the back in the form of benches, seats, or cargo space, and they are electrifying faster than basically any other type of vehicle.
Electric vehicles could match gasoline cars on price this year
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
Treasury Dept. to ask insurers for data on climate risks to measure coverage affordability
The department is proposing to gather information from across the country to establish where climate change is making property insurance unaffordable or inaccessible.
www.nytimes.com
Biden tells officials to prepare for climate change's impact on economy
A warming planet holds potential risks for home prices, investments, banking and other aspects of the global economy, the government said.
thehill.com
Treasury creates hub to fight climate change through finance
The Treasury Department has announced its plans to fight climate change through fiscal policy and create a new office to chart an economically beneficial path away from fossil fuel energy.
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