Biden Delays Bid to Grant Electric Carmakers Renewable Fuel Credits
- Agency drops EV credit plan from rule setting biofuel quotas
- Measure could move on separate, slower track this year
Cars on the assembly line at the Tesla Giga manufacturing facility in Austin, Texas.
Photographer: Suzanne Cordeiro/AFP/Getty ImagesThis article is for subscribers only.
The Biden administration has dropped, for now, a plan that would have awarded automakers such as Tesla Inc. credits for using renewable natural gas to power electric vehicles.
That proposal was excluded from drafted regulation setting biofuel-blending quotas for the next three years that is undergoing final review at the White House, according to people familiar with the matter who asked not to be named because the decision isn’t public.