The Politics of Tax Credits in the US

I worry when progressives have to celebrate a distributional outcome that favors capital with very little meaningful sticks in place. So this so this stick is enforcing that people aren't taking in are actually following the strictures of the tax credits. I don't know when an IRS tax officer is going to say to Ford or to Tesla, your electric vehicles that you're producing or three times as large and using more and more resources. And that's actually not what we need. What we need is, I don’t know, smaller electric cars and an electric public transport. But let's not confuse that for progressive this for progressive distributional outcomes or even for successful green industrial policy.