I guess the Administrator is perfectly fine with increasing our reliance on China to run our economy and our way of life. Oh, and BTW, we haven't "relied" on foreign oil for years.
Bloomberg (4/12/23) reports: "The Biden administration’s plan to stifle auto pollution and spur electric vehicles is expected to shrink US oil demand by an estimated 17 billion barrels through 2055. 'We’re strengthening our energy security, we’re reducing our reliance on foreign oil,' and 'we’re reducing our reliance on fossil fuels,' Environmental Protection Agency Administrator Michael Regan said Wednesday. The EPA estimated that its proposal, slated to be finalized next year, would curb US oil imports by as much as 16 billion barrels through 2055. And though the projected demand reductions would escalate over time, they translate to a 1.6 million barrel per day decline between 2027 and 2055 — roughly 10.2% from current levels, according to Bloomberg calculations. While the proposal is a potential boon for EV automakers, the expected reduction in liquid fuel demand comes at the expense of crude refiners as well as biodiesel and ethanol producers."
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"At best, EVs are a lateral technology. And, as far as practicality, cost, and comfort go, they’re a regression. If EVs are more efficient and save us money, as administration officials claim, manufacturers would not have to be compelled and bribed into producing them."
– David Harsanyi, The Federalist
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