Climate bid faces tricky path over money for electric cars
Associated PressWASHINGTON — The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate change. The Senate legislation provides $7.5 billion in federal grants to build a national network of charging outlets, an amount that analysts say is a good start but isn’t enough to spur widespread electric vehicle adoption. The Associated Press reported Tuesday that the Biden administration plans to issue proposed rules as early as next week on tailpipe emission standards, including nonbinding language that at least 40% of U.S. sales be electric vehicles, according to government and industry sources who spoke on condition on anonymity to reveal details that are still being finalized. While only $7.5 billion of that in the bipartisan bill will go to charging stations, Democrats are expected to add back roughly $100 billion in EV tax credits in a separate $3.5 trillion “reconciliation” bill.