Joe Biden’s $2 trillion climate change plan, released this week, was described by one liberal outlet as “the Green New Deal, minus the crazy.” We beg to differ. Just look at Biden’s plan to eliminate the internal combustion engines.
Biden says that on his first day in office, he will develop “rigorous new fuel economy standards aimed at ensuring 100% of new sales for light- and medium-duty vehicles will be zero emissions.”
Biden hasn’t said exactly when he wants new cars to be all-electric, but House Democrats have already established a timetable. Their new climate change plan calls for mandating 100% “clean” vehicles by 2035.
Keep in mind that as of today, plug-in electrics account for 0.5% of cars on the road, and made up less than 2% of new vehicles sold in 2019. And that’s despite massive taxpayer subsidies that have cost taxpayers $5 billion in credits to — mostly wealthy — EV buyers.
Clearly, consumers are not that interested in plug-ins, which is why Biden and his fellow Democrats want to force electric cars on everyone in the name of climate change.
Aside from fuel economy mandates, Biden also wants to extend and expand the EV tax credit, pump federal money into charging stations, create a new “cash for clunkers” program for those who trade in a gasoline-powered car for a plug-in.
The cost of all this? Who knows. Aside from the $2 trillion price tag that Biden put on his entire Green New Deal plan, he hasn’t broken down his EV mandate scheme. But Sen. Chuck Schumer has already proposed a cash-for-clunkers plan, which would cost $454 billion over a decade.