Manchin threatens to sue US Treasury over EV tax credit rules
Source: Reuters via AOL
Senate Energy Committee Chair Joe Manchin said on Wednesday he may go to court after the U.S. Treasury releases guidance later this week on battery sourcing guidance for electric vehicle tax credits.
"If it goes off the rails" and violates the intent of the climate legislation approved in August, "I will do whatever I can - if that means going to court and I can do it, I'd do it," said Manchin, a Democrat.
Manchin said he is most concerned about how Treasury will classify processing and manufacturing in determining eligibility for $7,500 EV tax credits. Manchin, who has often pushed fossil fuel industry interests in Congress, says he is trying to move the EV battery supply chain from China. His political opponents say he doesn't like the EV industry.
"Manufacturing is meant to bring manufacturing back to the United States. It's not basically allowing everyone to put all the parts and build everything you can for that battery somewhere else and then send it here for assembly," Manchin told reporters.
Read more: https://www.aol.com/finance/democratic-sen-manchin-threatens-legal-115722550.html
How do I criticize this wastrel without violating the rules and getting juried?
ColinC
(11,098 posts)edhopper
(37,329 posts)a Fossil.
Walleye
(44,685 posts)If he became an actual Democrat, instead of trying to be a lightweight Republican. Hes not gonna beat Justice this way.
Quanto Magnus
(1,345 posts)he's not an actual Democrat.... Maybe he's not a Republican either....
More like the Self-Interest/Self-Serving party
truthisfreedom
(23,531 posts)He cant change the rules for this industry without changing them for all industries, including the conventional gas auto industry. Everyone who builds in America buys subassemblies from overseas. Reversing that on a dime is absolutely impossible.
Orrex
(67,076 posts)Oh, wait.
lonely bird
(2,925 posts)But with more MAGAt bonafides. Manchin will lose.
getagrip_already
(17,802 posts)Doesn't make sense unless he is being paid in some way by the fossils fuel industry to stall the growth of ev tech; but that can't be the case here.
It might also make sense if he was somehow suffering from mental irregularities affecting cognitive recognition of tech growth and climate change; but again, that can't be the case here.
So I'm out of ideas.
modrepub
(4,091 posts)to piles of waste coal near the Grant Town power plant. That's the side that his bread is buttered.
C_U_L8R
(49,347 posts)HuskyOffset
(926 posts)Traildogbob
(13,003 posts)His exterior would match his black lungs. Maybe we will get lucky, and science win take action on him.
2naSalit
(102,517 posts)Useless waste of good air.
kysrsoze
(6,440 posts)Irish_Dem
(81,110 posts)mopinko
(73,673 posts)and dont we count those cars as american made when it suits our purposes?
Freethinker65
(11,203 posts)liberalgunwilltravel
(1,201 posts)What standing does Manchin think he has? What personal damages can he claim? Will it harm him because it will reduce the bribes he gets from the extraction conglomerates? Will it hurt his coal profits?
Americans should sue him for theft of services (taking a Senate salary and not doing his job).
AZLD4Candidate
(6,766 posts)BlueTsunami2018
(4,980 posts)We should be producing and assembling these things here, Im all for that.
The problem is, when Manchin is involved, I have a difficult time believing hes being honest with his motives.
mountain grammy
(29,005 posts)Warpy
(114,580 posts)and we've got to put up with his antics for another 5 years.
Emile
(42,171 posts)The Environmental and Energy Study Institute found that the US government alone spends $20 billion every year on direct fossil fuel subsidies. Of that figure, around $16 billion goes towards oil and gas, while the remaining $4 billion benefits the coal industry.
LudwigPastorius
(14,673 posts)