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FIRST ON FOX: The American Energy Institute (AEI), a trade organization representing oil, gas, coal and nuclear energy producers, is shining a light on how government subsidies for electric vehicles (EVs), combined with a regulatory credit system for vehicle emissions, are causing automobile and utility costs to rise.
Increasingly stringent Corporate Average Fuel Economy and greenhouse gas tailpipe emissions standards have forced gas-powered vehicle manufacturers to produce more EVs. As a result, this has siphoned auto manufacturers' resources away...
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