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New US Climate Bill's Most Important Provisions
29 Jul 2022 | Abstracted from Axios
"The draft bill would bring U.S. CO2...methane emissions down...dramatically scale up the development...deployment of new technologies.
"Specifically, the bill provides up to a $7,500 clean vehicle tax credit for EVs...built in North America...also provide $4,000 tax incentives for the purchase of used clean vehicles.
The EV incentives...subjected to annual gross income limitations...direct benefits to mass market customers, not just wealthy"
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