{"id":1917349,"date":"2023-04-20T22:26:06","date_gmt":"2023-04-21T02:26:06","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/manchin-presses-energy-secretary-over-changes-to-ev-tax-credit-policy\/"},"modified":"2023-04-20T22:35:05","modified_gmt":"2023-04-21T02:35:05","slug":"manchin-presses-energy-secretary-over-changes-to-ev-tax-credit-policy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/manchin-presses-energy-secretary-over-changes-to-ev-tax-credit-policy\/","title":{"rendered":"Manchin Presses Energy Secretary Over Changes to EV Tax Credit Policy"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmanchin-presses-energy-secretary-over-changes-to-ev-tax-credit-policy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1917349&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"post_content\">\n<div class=\"aplayer_app\" data-source=\"https:\/\/vs1.youmaker.com\/assets\/2023\/0420\/216a0859-4359-4177-bbd4-596b6f0c5da2\/audio.mp3?length=3232269&#038;duration=269\"><\/div>\n<\/p>\n<p>Sen. Joe Manchin (D-W.Va.) grilled Energy Secretary Jennifer Granholm on Thursday over the Biden administration\u2019s \u201cliberalization\u201d of the electric vehicle (EV) tax credit embedded in the Inflation Reduction Act (IRA).<\/p>\n<p>Manchin, who chairs the Senate Energy and Natural Resources Committee, warned Granholm at a hearing that the administration\u2019s lax interpretation of the IRA would \u201cbust the budget\u201d while also diverting money and jobs to China.<\/p>\n<p>\u201cAlthough the IRA will invest in technologies to decarbonize, it is first and foremost an energy security bill,\u201d the senator noted in his opening remarks. \u201cUnfortunately, this administration seems intent on disregarding that in an effort to implement a climate law that Congress didn\u2019t pass. And I will do everything in my power to hold the administration\u2019s feet to the fire and prevent actions that circumvent the letter of the law or its clear intent.\u201d<\/p>\n<p>And Manchin made good on that promise in his interactions with Granholm, pressing her for answers on why the administration had loosened the domestic production requirements set forth under the IRA for electric vehicles to be eligible for tax credits.<\/p>\n<h2><strong>The Letter of the Law<\/strong><\/h2>\n<p>Under the IRA, a certain percentage of an electric vehicle\u2019s battery components must be manufactured or assembled in North America, and a certain percentage of the critical minerals used in that process must also be sourced from the United States or a country that has a free trade agreement with the United States.<\/p>\n<p>On March 31, the Treasury Department issued new <a href=\"https:\/\/www.theepochtimes.com\/us-electric-vehicle-tax-credits-get-tougher-to-navigate_5164954.html\">proposed guidance<\/a> on how the administration plans to interpret and impose those restrictions to provide \u201cclarity and certainty\u201d to manufacturers.<\/p>\n<p>But that guidance, Manchin argued, loosened the eligibility requirements so that cars manufactured with materials sourced from China would be included\u2014something the IRA explicitly sought to prevent.<\/p>\n<p>\u201cI don\u2019t want to be reliant on foreign supply chains,\u201d he said. \u201cI\u2019d rather have it right here in the United States or at least in North America, where we have better control.\u201d<\/p>\n<p>Granholm, however, said the administration shared that same goal.<\/p>\n<p>\u201cSince these laws and since the beginning of the president\u2019s term,\u201d she said, \u201cthere have been 150 battery companies or supply chain elements that have announced they\u2019re opening up in the United States, where it would have been, to your point, before in China or Asia. \u2026 That equals almost $100 <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sen. Joe Manchin (D-W.Va.) grilled Energy Secretary Jennifer Granholm on Thursday over the Biden administration\u2019s \u201cliberalization\u201d of the electric vehicle (EV) tax credit embedded in the Inflation Reduction Act (IRA). Manchin, who chairs the Senate Energy and Natural Resources Committee, warned Granholm at a hearing that the administration\u2019s lax interpretation of the IRA would \u201cbust<\/p>\n","protected":false},"author":1226,"featured_media":1917350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[6178,4486,4426,4326,4578,3779,8360],"class_list":["post-1917349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-credit","tag-energy","tag-manchin","tag-policy","tag-presses","tag-secretary","tag-tax"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1917349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1226"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1917349"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1917349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1917350"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1917349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1917349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1917349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}