FILE - A Tesla electric vehicle, left, sits in a charging station at a dealership, Thursday, Feb. 18, 2021, in Dedham, Mass. Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk's electric vehicle company has fared worse, with its stock down almost 16% so far this week to $728. (AP Photo/Steven Senne, File)
Hooray for electric vehicles. Someday, they’re going to help slash carbon emissions and get global warming under control.
Getting there, however, is not likely to be an effortless glide on gleaming blacktop. This is going to be a bumpy road, and the faster we go, the bumpier it’s going to get. Get ready to surround yourself with airbags. And get a helmet, maybe.
The Biden administration plans to tighten car-pollution standards in a way that's meant to dramatically speed the adoption of electric vehicles, or EVs. On April 12, the Environmental Protection Agency proposed new rules that would cut the allowable pollution from cars by more than half by 2032.
The Biden administration plans to tighten car-pollution standards in a way that's meant to dramatically speed the adoption of electric vehicles, or EVs. On April 12, the Environmental Protection Agency proposed new rules that would cut the allowable pollution from cars by more than half by 2032.
The amount of pollution a car produces is directly related to the amount of fuel it burns. Since there's no way to boost the fuel efficiency of gas-powered cars by that much, the new rules will effectively force automakers to build way more EVs, and way fewer gas-powered cars, in order to comply.
The goal is laudable. The implementation, however, could be a multi-car pileup. The Biden administration is basically proposing the forced adoption of new technology on a scale unprecedented in the auto industry. The government has been tightening fuel-economy standards since the 1970s, but that has largely been a gradual process. Even then, unintended consequences have caused unforeseen problems. READ MORE...
The goal is laudable. The implementation, however, could be a multi-car pileup. The Biden administration is basically proposing the forced adoption of new technology on a scale unprecedented in the auto industry. The government has been tightening fuel-economy standards since the 1970s, but that has largely been a gradual process. Even then, unintended consequences have caused unforeseen problems. READ MORE...
