Joe Biden signed the Inflation Reduction Act (IRA) in August 2022, which allocated millions to combating climate change and other energy provisions while additionally establishing a $7,500 tax credit for electric vehicles. To qualify for the subsidy 40% of the critical minerals used in electric-vehicle batteries must be sourced in the U.S. EU and South Korean officials argues that the subsidies discriminated against their automotive, renewable-energy, battery and energy-intensive industries. Proponents argue that the tax credits will help combat climate change by encouraging consumers to purchase EVs and stop driving gas powered automobiles. Opponents argue that the tax credits will only hurt domestic battery and EV producers.
@ISIDEWITH7mos7MO
No
@9FYG2SC7mos7MO
. Benefits for the rich
. No end of life plan for the batteries
. Lithium supplies are limited
. No plan to increase electricity supplies in Nz just an ad suggesting the owners recharge at off peak times.
@9G5S2QT7mos7MO
Yes but if the company that produced that car used more than75% carbon to produce it forget subsides
@9G4C26L7mos7MO
No, because the vehicle providers are simply increasing the sale cost of the cars based upon the subsidy.
No, but the govt should cap how much it costs to purchase these making it fair and equitable for all new zealanders if they choose to purchase one
@9FWJ6YH7mos7MO
Yes, but the government should offset this via via graduated tax at purchase of ICE engines (less efficient larger engine, larger tax)
@9FVR9DW7mos7MO
If you can buy an electric vechile you have alot more money than most average New Zealander you should be taxed just as much tax every one else and not get it back
@9FVR5SL7mos7MO
No, considering batteries and engine parts are not exactly environmentally friendly, also they aren't reliable in flooding. Furthermore government should focus on more important infrastructure such as public transport.
I think if the government will subsidies taxpayers who purchase electric vehicles they should subsides taxpayers who purchase non electric vehicals
@9FVLTYL7mos7MO
the issue with electrical vehicles is that most of the batteries and engine parts aren't truly environmentally friendly. looking into improving public transport is more important.
No, they should put that money towards building an infrastructure so we can actually support EVs moving forward. They're an amazing idea but we don't have the support for them yet.
Yess and no, they need to first figure out a fair buy back system for current ice cars and then help people without overloading them with debt into a more efficient car that meets their needs because a used leaf at 30000 with 80km range isn't going to work for everyone.
@9G3B3DGOpportunities 7mos7MO
No, for every rich person who buys an electric vehicle subsidies should be provided to a poor person
While I can theoretically support electric vehicles, even with subsidies, electric vehicles are still out of the price range for all but the upper or at least upper-middle class. For me to support a subsidy, it would need to benefit the lower or working class.
No, because many people are unable to afford electric vehicles, and rewarding those that buy them is backwards.
Look into the manufacturing/environmental cost of the vehicle vs an ICE vertical and if the environmental benefit is better than yes.
@9FWWD8C7mos7MO
Yes but also provide Subsidies for electric generation at home, e.g. solar or wind. as we will soon have a power. crisis
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