Logic!
Biden’s latest China crackdown puts his EV ambitions at risk – POLITICO
The Biden administration rolled out rules for electric vehicle tax credits on Friday that clamp down on Chinese imports — but threaten to slow the U.S. transition away from fossil fuels by slashing the number of cars that qualify.
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The rules disqualify a vehicle from receiving the credit if even one of its suppliers has loose ties to Beijing, such as producing parts in China or having as little as 25 percent of board seats controlled by China. In certain instances, even an American supplier merely relying on licensed Chinese technology could be barred from the credit under the new rules.
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Democrats in Congress imposed a series of escalating domestic content restrictions in last year’s Inflation Reduction Act aimed at cutting China out of the U.S. EV supply chain.
The tripledemic planetary crisis will kill us all in a few years if we don’t switch to more expensive American-made EVs right away. It’s Businesstm!
Much of the brouhaha over China is a manufactured trade war, as someone (who?) decided to end globalization. Little of this makes sense. It’s good to know that the trade war is more important than the climate, isn’t it?
Is this the June 2, 2020 moment for climate change when, after telling us to stay home, save lives, and not kill Grandma – for 3 months, public health “experts” then said protesting on the streets was more important that stopping a virus?
