Better take that trip now in that gas guzzling automobile while you can!
By David Wojick, Ph.D. ~
People are not excited about buying electric vehicles, so word has it that the Biden administration is gearing up to force us to do it. The trick is to use the so-called Fuel Economy Standards to do it.
The reported target is that at least 40% of car and light truck sales will be electrics by 2030. This is Biden’s favorite target date even though, or perhaps because, he will not be President then.
Technically these are the Corporate Average Fuel Economy or CAFE standards. The way they work is hidden in the name. They do not govern the average fuel use of cars used by corporations, which the name “corporate average” suggests. No, they govern the average fuel economy of cars MADE by corporations.
The way it works will be well hidden. Instead of telling you and me what we can buy, they in…
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