U.S. wants to end subsidies for electric cars, renewables: White House

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White House economic adviser Larry Kudlow said on Monday the United States wants...

 

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Then remove for all energy as well and make it a level playing field.

Claims we want a “free market” so no subsidies for renewable energy. But conveniently makes no mention of ending subsidies for oil and gas companies. Hmmm I wonder who is REALLY behind this 🤔

Having trouble understanding the rationale here. Cutting the subsidy completely worsens the situation for companies like $F who are already falling behind $TSLA & $GM in terms of competitiveness in the EV market. A complete cut in the 200k cap seems uncalled for.

Wrong. The White House wants to end subsidies for electric cars, renewables in the US. The US majority does not. Wants more public$$ invested via subsidy & infrastructure.

I believe the end would be up to Congress not President Bone Spurs! Larry needs to get back to Fox a d be the financial personality he is!

I’m keeping my first response to myself. The U.S. should end Oil subsidies, and increase subsidies on renewable energy sources.

can we end subsidies and tax breaks for oil companies making record profits first by killing everyone?

Let all technologies stand on their own merit. NO need for subsidies to Oil, Electric or even Ethanol

Reality is that they aren’t popular in US! Even with subsidizes they arent selling! Maybe Tesla but other than that not much. Pick trucks, SUVs and crossovers surpassing by far the sales of gasoline cars! Thats were the demand is!

Not smart! There is only about 50 years of the finite oil reserves left and the US needs to look to the future.

Electric vehicles will create mountains of toxic battery waste. Plus the pollution from electric generating. Feels good - but it's nonsense.

You like it. Pay for it!

Lets see the genius, Tony Stark/ Elon Musk, find his own money now.

End the corn/ethanol subsidies too.

Sure... why not. While they're at it, lets re-calibrate car engines so that they run on coal. DumbAssMove

We are the only country moving backwards. Not forwards

You mean Trump, don't you?

Of course. Makes too much sense. Who needs electric when we can make so much money on oil.

He's bringing the steam engine back... realDonaldTrump

WH. That’s not true. The overwhelming majority of the US want renewable energy.

End the subsidies for Fossil Fuels! Level the playing field. Let's see who wins.

Electric car subsidies for rich people is an oxymoron.

soooooooo stupid

No. Trump and his fellow grifters want to end subsidies for electric cars and renewables. Not the American people.

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