Tax credits are the driving force behind the Inflation Reduction Act’s unprecedented investment in clean energy. But there’s a catch to relying on tax credits: The amount of money a company can receive from them is limited to what it pays in taxes each year. In recent decades, a workaround that helps firms monetize a greater amount of tax credits … Continue reading “The tax code change unleashing $25B in clean energy investment”
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Honda’s CEO doesn’t believe consumers can be incentivized to change to EVs Honda’s spending $700M to retool plants and $3.5B to built a battery plant for mass EV production The exec believes the future is electric, but it’ll take time Electric cars and hybrids are currently having an inverted moment. Speaking with The Drive at … Continue reading “Honda CEO on EVs: "Can't force people to change their minds"”