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

December 3, 2018 11:44 PM
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WASHINGTON (Reuters) - White House economic adviser Larry Kudlow said on Monday the United States wants to end subsidies for electric cars and other items including renewable energy sources.

Asked about actions planned after General Motors 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 Trump administration sees an end to other subsidies, including on “renewables.”

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