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America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

lithium operation – a small mine operated by Albemarle – has taxed minerals for more than 100 years, but at a rate based on each facility’s revenue. Across Texas, Louisiana and other mineral-rich states, it’s unclear who owns the millions of metric tons of lithium locked in salty brines underneath U.S.

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Trump plans to gut EV policy: What it might mean for jobs, auto industry, made in America

Baua Electric

GM CEO Mary Barra – Photo by Steve Fecht for General Motors In late 2019 Trump effectively nixed an extension of the tax credit for Tesla and GM, which had already reached their 200,000-vehicle caps under the former framework. The oil industry was reportedly not as excited about this as the campaign had anticipated.