You are here: Home » Reuters » News
Business Standard

Corrected: U.S. wants to end subsidies for electric cars, renewables - White House

Reuters  |  WASHINGTON 

(This story corrects from "will end" throughout, to make clear the cannot end congressionally mandated subsidies on its own, and adds quote.)

(Reuters) - said on Monday the wants to end subsidies for electric cars and other items including

Asked about actions planned after announced U.S. plant closings and layoffs last week, Kudlow said he expected subsidies for buying electric cars will end in 2020 or 2021. Kudlow said the sees an end to other subsidies, including on "renewables."

"As a matter of our policy, we want to end all of those subsidies. And by the way, other subsidies that were imposed during the Obama administration, we are ending, whether it's for renewables and so forth," Kudlow told reporters.

(Reporting by Jeff Mason; Writing by Doina Chiacu; Editing by and Sonya Hepinstall)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 04 2018. 05:19 IST
RECOMMENDED FOR YOU