Biden Subsidizes Carmageddon
Heartland Author
January 24, 2024
By Lloyd Rowland
The Biden administration is pushing extremely costly policies that encourage the adoption of Low Carbon Fuel Standards and force the production of electric vehicles under the guise of reducing carbon emissions. However, these measures would have a very small impact on emissions. Rather than improving the capabilities and efficiency of vehicles on our roads, these measures empty Americans’ pockets and upend consumer choice.
Restrictions on carbon dioxide have caused significant pain at the pump for all Americans. California and Washington are leading the charge on these restrictions, and their residents are paying the price. Low carbon fuel standards in these states have driven fuel costs to over $5 a gallon. According to the Institute for Energy Research, the passage of Washington’s Climate Commitment Act resulted in a whopping 45-cent-per-gallon increase in gasoline prices.
That number is almost four times the increase promised by supporters of the Low Carbon Fuel Standards, which was supposed to be no higher than 12 cents per gallon. When reporters dug into the story, they learned that Washington director for Climate Solutions, Kelly Hall, stated that increasing the cost of gasoline as a means of encouraging “the transition away from fossil fuels” was always “part of the point of this policy.”
https://heartlanddailynews.com/2024/01/biden-subsidizes-carmageddon/