Cash for Carbon: Schumer Climate Plan Would Help Consumers Buy Electric Cars

The proposal by Senator Chuck Schumer of New York
is far narrower than plans put forth by Democratic
presidential candidates. It also has no chance of
 passage in the current Senate.

WASHINGTON — Senator Chuck Schumer of New York, the Democratic leader, is preparing a $450 billion climate change initiative that aims to replace about a fifth of the nation’s traditional gasoline-powered vehicles with hybrid, electric or hydrogen fuel-cell cars and trucks in the next 10 years.

Mr. Schumer’s proposal is far narrower than the economy-altering plans put forth by most of the Democratic presidential candidates, and it has no chance of passage in the current, Republican-led Senate.

But in an opinion article published Thursday night in The New York Times. Mr. Schumer said his proposal to push the country away from internal-combustion engines would be part of any climate-change measure that would be considered if the Democrats won the Senate next year.

Read the story from The New York Times by Coral Davenport - “Cash for Carbon: Schumer Climate Plan Would Help Consumers Buy Electric Cars.”