90%* Of Federal Plug-In Electric Car Credits Went To U.S.’ Wealthiest Residents

Incentives for plug-in cars are under fire. After California’s decision to make state rebates depend on income, now the federal tax credit is put under scrutiny, because most of the tax credits apparently went to the U.S.’ wealthiest residents. Severin Borenstein and Lucas Davis from Energy Institute at Haas, University of… …read more