Author Topic: Huh?! CBS News: ‘Repealing rule to curb greenhouse gas emissions will increase gas prices’ – Why?  (Read 64 times)

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Offline rangerrebew

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Huh?! CBS News: ‘Repealing rule to curb greenhouse gas emissions will increase gas prices’ – Why? Because ‘rescinding measures promoting EVs’ means ‘more consumers will purchase gas vehicles, resulting in higher gas consumption & high gasoline prices for everyone’
Climate Depot's Marc Morano comments:

"According to the CBS News article citing a former Biden administration official's analysis, if Americans were forced to buy EVs, and the Biden-era gas-powered car bans had gone into effect, demand for gasoline would drop and gas prices would then be 'projected' to be cheaper, because Americans would be forced to drive EVs. So by giving Americans a choice of what cars they want to drive, the Trump administration is raising gas prices and causing job losses. Huh?"

By Marc Morano
August 2, 2025
7:56 am

CBS News excerpt – August 1, 2025:

When the Environmental Protection Agency announced it would roll back regulations aimed at curbing greenhouse gas emissions — especially from motor vehicles — it touted annual savings for Americans of $54 billion. The EPA said eliminating Biden-era policies, which encouraged higher fuel efficiency standards for cars and electric vehicle adoption to limit tailpipe emissions, would enable consumers to “have affordable choices when deciding to buy a car.”

But a CBS News review of the agency’s own regulatory impact analysis of the proposal found that gasoline prices would increase, and nearly a half million jobs would be lost by 2035, according to data from the U.S. Energy Information Agency, which was cited in the EPA’s report.

Cost of gasoline: In the EPA’s July analysis, the U.S. Energy Information Administration, which collects and analyzes energy data, showed Biden-era policies that were adopted by the end of 2024 would dramatically bring down the future cost of gasoline because more consumers would be driving electric vehicles, hybrids and fuel-efficient cars that require less gas.

https://www.climatedepot.com/2025/08/02/huh-cbs-news-repealing-rule-to-curb-greenhouse-gas-emissions-will-increase-gas-prices-why-because-rescinding-measures-promoting-evs-means-more-consumers-will-purchase-gasoline-vehicles-r/
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address