Granholm on Biofuel Policies Hiking Gas Prices: EVs Are Cheaper with Tax Credits People Get 'If They're Able to Afford' It

On Friday's broadcast of CNBC's "Squawk Box," Energy Secretary Jennifer Granholm responded to concerns that emulating some of California's policies will drive gas prices higher by stating that it's "less expensive to operate an electric vehicle" and people get tax benefits "if they are able to take it up, and if they're able to afford a lease."