POLITICO Energy

Manchin takes aim at Treasury over EV tax credit

Episode Summary

On Wednesday, Sen. Joe Manchin proposed legislation that would delay implementing new tax credits for electric vehicles until strict new battery and domestic sourcing requirements are put in place. Manchin’s legislation adds to broader tensions over the EV tax credits, as foreign allies are critical of the program. POLITICO’s Tanya Snyder breaks down Manchin’s stance and whether his bill will receive broader support in Congress. Plus, the Biden administration banned mining in over 225,000 acres of Minnesota wilderness for the next 20 years, dealing a blow to a planned copper mine.

Episode Notes

On Wednesday, Sen. Joe Manchin proposed legislation that would delay implementing new tax credits for electric vehicles until strict new battery and domestic sourcing requirements are put in place. Manchin’s legislation adds to broader tensions over the EV tax credits, as foreign allies are critical of the program. POLITICO’s Tanya Snyder breaks down Manchin’s stance and whether his bill will receive broader support in Congress. Plus, the Biden administration banned mining in over 225,000 acres of Minnesota wilderness for the next 20 years, dealing a blow to a planned copper mine.

 

Josh Siegel is an energy reporter for POLITICO. 

Tanya Snyder covers transportation for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer.

Raghu Manavalan is a senior editor for POLITICO audio.

Jenny Ament is the executive producer of POLITICO’s audio department.