Contact Information

37 Westminster Buildings, Theatre Square,
Nottingham, NG1 6LG

We Are Available 24/ 7. Call Now.


© Reuters. FILE PHOTO: U.S. Senator Joe Manchin (D-WV) is seen in Statuary Hall ahead of U.S. President Joe Biden’s State of the Union Address in Washington, U.S., February 7, 2023. REUTERS/Elizabeth Frantz/File Photo

WASHINGTON (Reuters) – Senate Energy Committee Chair Joe Manchin said on Wednesday he may go to court after the U.S. Treasury releases guidance later this week on battery sourcing guidance for electric vehicle tax credits.

“If it goes off the rails,” and if it violates the intent of the climate legislation approved in August, “I will do whatever I can — if that means going to court and I can do it, I’d do it,” said Manchin, a Democrat.

Manchin said he is most concerned about how Treasury will classify processing and manufacturing in determining eligibility for $7,500 EV tax credits.

Source link

Share:

administrator

Leave a Reply

Your email address will not be published. Required fields are marked *