Granholm ‘bullish’ on Congress passing clean energy tax credits

Granholm ‘bullish’ on Congress passing clean energy tax credits

Manchin has said he supports tax credits for clean energy, but he has voiced opposition to expanding credits for electric vehicles. But Granholm also

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Manchin has said he supports tax credits for clean energy, but he has voiced opposition to expanding credits for electric vehicles.

But Granholm also indicated that updating the nation’s mining regulations to help increase U.S. production of critical minerals — a top priority for West Virginia’s Manchin — could convince him to support incentives for electric vehicles.

“We’ve got to be responsible in terms of how quickly we can permit and how much we’ve got to move on doing extraction in the United States,” she said. “If we address those things, I think he understands the importance of bringing down the price of electric vehicles because they’re so much cheaper to drive [and] they’re so much cheaper to maintain and to own over the course of the lifetime of the vehicle.”

The Energy Department recently put out a funding announcement under the bipartisan infrastructure law for processing the mined materials used to make batteries for electric vehicles.

“That piece of things, if we’re able to get that in the ground, helps to resolve the issue that he’s been rightfully concerned about,” she said of Manchin.

www.politico.com

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