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As $7,500 Federal Subsidies Expire, Electric Vehicles Are About to Get More Expensive

You may not have known this, but the federal government has been subsidizing electric vehicles (EV's) to the tune of a $7,500 tax credit for every electric vehicle sold. In fact, the subsidy is a major reason why we're starting to see more Tesla's tooling around the Twin Cities, but there's a catch: the subsidy begins to disappear after a manufacturer has sold 200,000 units, and Tesla has hit this threshold, meaning the growth of Elon's EV's could slow moving forward. The phase out of the tax credits comes at a bad time for Tesla, after the EV automaker announced it would...

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Three Must-Know Facts About Governor Walz’s Plan to Impose California Car Mandates on Minnesota

On Wednesday, Governor Walz announced that he would be using the bureaucratic rule making process to impose California’s rules for low and zero emissions vehicles (LEV and ZEV) on to Minnesota car buyers. While the Governor has tried to frame this as a win for consumer choice, Minnesota families, and the environment, the facts suggest that the Governor's proposed regulations are solution in search of a problem. Three facts you need to know about this proposal are: This is not about expanding consumer choice. It will mandate the sale of smaller, lighter cars that are not as safe as bigger, heavier...

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University of Chicago: Renewable Energy Mandates Increase Electricity Costs

The University of Chicago made waves last week by releasing the findings of a working paper that found renewable energy mandates cause electricity prices to rise. This won't be surprising to our readers, but it is massive vindication for all the hard work American Experiment has put into educating the general public about the negative consequences of renewable energy mandates. From the abstract of the paper: "Renewable Portfolio Standards (RPS) are the largest and perhaps most popular climate policy in the US, having been enacted by 29 states and the District of Columbia. Using the most comprehensive panel data set ever compiled...

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