Even some well-meaning regulations and incentives need to be scrutinized. The early electric-car tax credit of $7,500 was meant to incentivize people to purchase clean-air vehicles and build the electric car industry. Because early EVs were expensive, this looked like a subsidy for the rich. An awful lot of “incentives” are tax deductions or tax breaks. You need to have a pretty high income before you can take full advantage of them. As we move into our decarbonized future, it is worth remembering that we don’t win unless we all win, and designing regulations and incentives that work for
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