How Bidens EV tax credit rules could stall his climate goals
The Biden administration released long-awaited guidance on Friday for the electric vehicle tax credit that aims to clamp down on Chinese imports, but it also likely reduces the number of cars that can qualify. POLITICO\u2019s James Bikales breaks down the new rules and how they pose a potential\xa0risk to\xa0Biden\u2019s EV adoption goals. Plus, the mood at the United Nations climate summit darkened significantly on Friday as news broke that the week-old truce between Israel and Hamas was collapsing.\n\nFor more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch\n\nAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy\n\nCatherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.\nJames Bikales is the host of Morning Energy and a reporter for POLITICO. \nNirmal Mulaikal is a POLITICO audio host-producer. \nAlex Keeney is a senior audio producer at POLITICO. \nGloria Gonzalez is the deputy energy editor for POLITICO. \nMatt Daily is the energy editor for POLITICO.