Senate Republicans understand that energy abundance is essential for the economy, national security and the country’s well-being. Now they must act.
The measure, passed by the House, would roll back incentives for people to buy electric vehicles and for automakers to make them in the U.S.
The Inflation Reduction Act was once hailed as the biggest climate law in U.S. history. But as supporters try to save it, they’ve stopped talking about the environment altogether.
The party’s signature tax plan would kill most Biden-era incentives, but there’s a sticking point: G.O.P. districts have the most to lose.
Some said they worried that California’s planned ban on gas-powered vehicles would raise the price of cars. Another cited “intense and misleading lobbying” by the oil industry.
Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.
The newly elected Speaker said the party would make it a priority to “restore America’s energy dominance.”
Republicans and some Democrats tried to repeal a waiver issued by the Biden administration that allows federally funded E.V. chargers to be made from imported iron and steel.
A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
Representative Dina Titus of Nevada has been targeted by congressional Republican leaders in their quest to win control of the House.