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GOP Bill Could Slash EV Sales, Boost Emissions

6/17/2025

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Summary

Story summary

The GOP's "One Big Beautiful Bill Act" threatens to hike energy costs and emissions by slashing support for electric vehicles, solar, and wind energy. While it maintains funding for nuclear and biofuels, it also introduces fees on electric vehicles. Analysts predict a staggering 40% plunge in EV sales by 2030, potentially adding 1 billion tons of emissions by 2035.

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Story summary

The GOP's "One Big Beautiful Bill Act" threatens to hike energy costs and emissions by slashing support for electric vehicles, solar, and wind energy. While it maintains funding for nuclear and biofuels, it also introduces fees on electric vehicles. Analysts predict a staggering 40% plunge in EV sales by 2030, potentially adding 1 billion tons of emissions by 2035.