US bill changes keep SUV lovers happy and lead an electronic future
With COP26 under full swing, Democrats in the U.S. House of Representatives are slowly working on doing their part to fight climate change. Their focus? The heart and soul of America: the big ass car. This week they announced more changes to the present day Bring back Better Act before the House that will bring major benefits for social spending and sustainable transport. The bill before the whole house is part of a $ 3.5 trillion budget that is socially dedicated and environmental benefits.
But let's figure out how this will affect American transportation.
What's new in the bill: direct consumer benefits
The updated bill means electric vans, SUVs, and trucks priced at up to $ 80,000 are eligible for $ 12,500 credit. This will bring more models into the credit scheme as it was previously priced at $ 64,000 for vans, $ 69,000 for SUVs, and $ 74,000 for pickup trucks. Meanwhile, sedans are still capped at $ 55,000.
So what can we gather from this? Well, this could make the transition to EVs easier for truck lovers and SUV owners. Car ownership is very cultural in the US, so if we are going to target a 100% electric car fleet as soon as possible, it makes the 'cultural strain' as low as possible a good idea.
I also see this attractive people with practical concerns, such as contractors, who use their personal vehicles for work.
Putting U.S. automakers first
The U.S. is already receiving criticism from foreign and Republican manufacturers for the bill's choice vehicles made by union from local companies. Successful voting means that consumers can receive an additional $ 4,500 credit for vehicles collected at home union lus. In contrast, American-made EVs but not union-built EVs are eligible for just an additional $ 500 in subsidies.
There was a plan to abolish tax credits after manufacturers sold 200,000 electric vehicles, but the cancellation means major consumers like GM and Tesla will still enjoy the credits.
- $ 5 billion to replace some heavy-duty vehicles, such as refuse trucks and school buses, through a new Environmental Protection Agency (EPA) grant program.
- $ 17.5 billion towards the disarmament of federal buildings and fleets. This includes the installation of electric vehicle stations for government buildings.
- $ 13.5 billion investment in electric vehicle infrastructure to support the development of the electric vehicle cost network. This funding will go towards building tax infrastructure in areas that are accessible to the public, multi-unit housing structures, workplaces and underserved areas. America is lagging behind much of the world in terms of access to EV public taxes, so it is much needed.
- $ 7 billion in several loans and grant programs at DOE to support the development of innovative technologies and American manufacturing of zero-distribution transportation.
Importantly, the bill also includes a $ 9 billion investment in modernizing the energy grid through grants and loans for grid infrastructure upgrades. This is crucial to ensure the reliability of the grid not only for the large role of EVs in the coming decades but also the impact of real weather events on the grid.
Bicycles are (finally) a real part of the climate change solution
One of the biggest parts of the bill in general is that it does not forget ebikes - as is often the case in the noise around electric vehicles.
The bill proposes a 30% electric bike tax credit, which will help encourage ebike adoption. US legislative and infrastructural changes are already continuing mass growth and business investment.In February, E-BIKE federated action Ebikes meant that ebikes are not classified as motor vehicles or off-road vehicles but are correctly classified into three classes. So owners can cycle on the road, unlike the UK and Australia.
The current bill before the House also dedicates $ 10 billion to high - speed rail expansion, which is a major concern for a country that has neglected so much public transport infrastructure for decades.
Ultimately, this is the most significant U.S. government investment we have seen in sustainable transportation. I hope that this is just the beginning of what is to come - assuming that the bill passes in the Senate without undue weakening.