{"id":312027,"date":"2024-03-22T19:12:25","date_gmt":"2024-03-22T18:12:25","guid":{"rendered":"https:\/\/climatescience.press\/?p=312027"},"modified":"2024-03-22T19:12:27","modified_gmt":"2024-03-22T18:12:27","slug":"bidens-latest-auto-emissions-rule-set-to-accelerate-auto-makers-death-spiral","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=312027","title":{"rendered":"Biden\u2019s latest auto emissions rule set to accelerate auto maker\u2019s death spiral"},"content":{"rendered":"\n
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From CFACT<\/a><\/p>\n\n\n\n

By Ronald Stein<\/a><\/p>\n\n\n\n

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For one of the wealthier countries on this planet, America, with 330 million people \u23e4 representing about 4% of the world\u2019s 8 billion on this planet, President Biden is speeding ahead with EV mandates to ditch most new gas cars by 2030.<\/p>\n\n\n\n

Biden may not be cognizant that 80 percent of the 8 billion on this planet earning less than $10 a day, which is more than 6 billion on this earth, may never be able to enjoy the materialistic living styles of those in wealthier countries, or ever own an automobile.<\/p>\n\n\n\n

In America, the elites have bought EVs, and the elites may continue to buy EVs, BUT we\u2019re quickly running out of elites!<\/p>\n\n\n\n

> The average debt in America is almost $60,000 across credit cards, mortgages, auto loans, and student loans.<\/p>\n\n\n\n

> The common folk need a workhorse vehicle, not just a second car toy that sits in the garage to be used on short ventures!<\/p>\n\n\n\n

> The current EV ownership profiles are reflected in the oligarchic elite, which consists of highly educated, highly compensated, multi-car families with low mileage requirements for the family\u2019s second car.<\/p>\n\n\n\n

> Current EV owner profiles are dramatically different from those of most vehicle owners. They are single-car owners, not as highly educated or compensated, and have higher mileage requirements for their workhorse vehicles.<\/p>\n\n\n\n

Mandating a change to EV ownership and further austerity on those who can least afford it, the Nation and the other 96% on this planet may face a rebellion from those who need transportation.<\/p>\n\n\n\n

Biden seems to be oblivious to the fact that there are more than 1.4 billion vehicles in the world<\/a> and almost 300 million trucks in the world<\/a>. There\u2019s been a mandate movement to have EVs replace ICE vehicles to reduce emissions from the vehicular transportation sector.<\/p>\n\n\n\n

Well, to date, the mandate for EVs has been a failure as we\u2019re running short of elites who are buying them, and the auto manufacturers are starting to absorb the financial hits!<\/p>\n\n\n\n

The previous worldwide gasoline usage peak was in 2019, before the Pandemic.<\/p>\n\n\n\n