As if inflation wasn't bad enough, Team Biden is determined to increase the prices of anything transported by truck (everything).
Daily Caller (4/3/24) op-ed: "In their continuing quest to electrify the U.S. automotive fleet against the clear will of the American people, the zealots in the Biden administration rolled out their new requirements related to heavy trucks on Good Friday. Amazingly, they did it in a way that will make the mandates even more expensive than the trillions of dollars their passenger car mandates will cost the American economy. That’s quite an accomplishment. Biden’s Environmental Protection Agency (EPA) is mandating that 60% of urban delivery trucks and 25% of heavy rig sales become electric by 2032. Never mind the overwhelming challenges achieving this goal faces in terms of infrastructure, manufacturing, and supply chains for equipment and critical energy minerals, the dogma of the global church of climate alarmism orders its true believers to 'do something,' and this is the something the EPA bureaucrats are choosing to do. According to the Institute for Energy Research (IER), the cost of a new electric 18 wheeler is 'two to three times' the price of a new diesel rig, which is one of myriad reasons why this conversion would never take place unless forced by government mandate. IER points out that these new requirements will require the trucking industry to invest $620 billion for charging infrastructure, and 'will likely cost utilities $370 billion to upgrade their networks. Replacing diesel trucks with electric will cost the trucking industry tens of billion dollars each year and truckers will need to pass these costs on to the customers–manufacturers and retailers, who will pass the higher costs on to Americans in higher prices for merchandise.'"
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"It’s time that both parties refused to penalize the American energy that underpins our national security, our economic prosperity, and our daily lives. Let’s have more common sense in Washington. The American people deserve it."
– Carla Sands,
America First Policy Institute
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