Biden delays bid to grant electric carmakers renewable fuel credits

President Joe Biden — Biden: Nonbinding target for zero-emission vehicles to make up half of all new-car sales by 2030. (BLOOMBERG)

By:

JENNIFER A. DLOUHY

By:

Bloomberg

May 20, 2023 11:57 AM

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 EVs.

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