The Future of EVs: Biden's Mandate and Its Impact on You
In this episode of the Energy Show with REI Energy, host Mike Mauceli and guest Jason Hayes, Director of Energy and Environmental Policy for the Mackinac Center of Public Policy, discuss the Biden administration's implementation of new EPA tailpipe emission standards, and how the standards aim to significantly reduce CO2 emissions per mile, effectively mandating a shift towards electric vehicles (EVs) due to the inability of current gas and hybrid vehicles to meet these requirements.
The conversation covers the potential economic and logistical challenges for consumers, including the high cost of EV ownership, the impact on insurance, and the difficulties associated with charging infrastructure, especially for those living in multifamily housing.
Furthermore, they discuss the broader implications on the auto industry, supply chains, and the environment, questioning the feasibility of achieving the administration's goal of 70% of new car sales being electric by 2032 without significant societal and technological hurdles.
00:00 Introduction
00:44 Exploring the Impact of New EPA Regulations
04:06 The Economic Implications of Switching to EVs
05:43 Challenges of EV Ownership: Infrastructure and Insurance
07:42 The Environmental and Economic Costs of EV Batteries
20:19 The Global EV Market and China's Influence
23:11 Union Support for EV Policies and Potential Consequences
28:34 Considering Alternatives: The Case for Hybrids
31:11 Closing Thoughts and Future Discussions
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Love this show.
Are hydrogen powered vehicles being completely ignored?
Hydrogen as a fuel source makes ALL THE SENSE IN THE WORLD. The USA is sitting on a massive bubble of natural gas of which hydrogen is extracted. Anything powered by any existing fuel source can be powered by hydrogen, with zero harmful emissions. Infrastructure can be set up at a fraction of the cost of electrical and the US would be COMPLETELY energy independent. We are being played folks!
What about grandfathered exempt gas and diesel trucks and cars? In California pre 1975 cars and pre 1997 diesel cars and small trucks I'm guessing these will be banned for some other reasons ?
That's what the Bush cash for clunkers program was all about. They didn't take real clunkers off the road. They took good running cars off the road that the poor would have eventually have purchased and used. In doing so, they inflated the prices of used cars. Cash for clunkers as well as this push for EV's, is an act of war against the United States, especially against the poor.
I will not comply.
FJB!
The problem with these videos is that neither side is accurately and completely representing the facts. The truth lies somewhere in the middle. This is a bit of an echo chamber.
We had to have a tail pipe test and sticker years ago. It didn't work out and was quit. I would rather walk before i will buy an EV..
Is it possible to translate English display running language
5% of the population in NM makes enough money to buy an EV. Looks like the other 95% either gotta buy an electric scooter, horse, or learn to master the art of speed-walking & bicycling. I don't see how I could ever afford that even with 3 jobs out here.
They are working on making the expressways charging pads, so you charge while you drive then pay the city through an app on the car. If they can make it work Im for it, you can imagine how many pour the used oil in their backyards every oil change. No loud muffler sound, parking lots won't have oil spots everywhere, the smell of exhaust and they are superior in power and torque. But ya have to come down in price and figure out better tires. Have to do it at some point anyway. Probably the same critics were around when they changed from horse and buggy to car. Nobody likes change. Id be for it after they have the charging expressways in place. For now probably the hybrid.
Zero Point Energy=End Game!!!
Biden’s mandate, You realize there are 2 you’s ?
It will all change in 6 months .. AND the big 3 can not make a n EV turns out it has wheel but there the similarities Tesla is the ONLY one who has a good product
I won’t own a ev. I don’t have the money to buy one and it will be a long time until a reliable mobility van is available.
I no slave to transportation. I refuse to work for nothing just to own a car!
Haha................... panicking oil man?
Are tradind and income incompatible? I think you're not keeping up with the news. While you thought it was impossible, some enthusiasts from Eledator made ai copy trading tool. Everyone now can make money on trading. What do you say now?
A lot of green facists here.
Oh great another day another faulty facts presented on this show. Please all of you lot look at Scandinavia particularly Norway and Iceland, these two continents have gone nearly electric for the past decade and their infrastructure is working well. Yea these countries pay high taxes but it gets well distributed for the infrastructure and the government in these countries reward you with tax breaks if you buy electric cars or at least reduce your emissions and everything looks better there than in the USA