Senators Ed Markey (D-MA) and Brian Schatz (D-HI) have introduced the Electric Bicycle Incentive Kickstart for the Environment (Senate E-BIKE Act), and yeah, I support it, as does the House, where there are 21 co-sponsors of the bill. It offers a tax credit worth 30 percent of a new e-bike’s purchase price, and the credit would also be fully refundable, which would allow lower-income individuals to claim it. E-bikes are definately more expensive from the get-go, so this would be a big help.
“The bill makes a clean alternative more accessible to more people,” Schatz said. “E-bikes make lots of sense for working people, young people, and others who either cannot afford or don’t want a car.”
A recent study found that if 15 percent of car trips were made by e-bike, carbon emissions would drop by 12 percent. I have found my e-bike riding has eliminated at least 80% of my car trips, and made them more pleasant to do in the process!
E-bikes are not an entirely new mode of transportation, but they are one of the fastest growing, most practical, and carbon reducing ways of getting around in the city. (Did I mention they are fun too?!)