Covering a mule fritters sandwich with barbecue sauce still makes it a mule fritters sandwich. If this is so great, why is Biden not cruising around in one? How about all the EPA employees?
Tougher emissions rules will save consumers $1.6 trillion, White House says
The Biden administration’s plan to tighten tailpipe pollution limits on cars and light trucks — and propel electric vehicle sales — would generate as much as $1.6 trillion in savings for consumers through 2055, a top White House climate official said Tuesday.
The proposal, which would establish standards for model years 2027 through 2032 was unveiled Wednesday. It would yield big consumer benefits, White House National Climate Advisor Ali Zaidi said in an interview with Bloomberg News. That includes some $4,000 in savings during the initial years of auto ownership — doubling over the lifetime of the vehicle — and a newly compelled 80,000-mile, eight-year warranty for EVs.
The requirements will drive “astronomic benefits through public health” and “through fuel savings,” Zaidi said, amounting to at least $850 billion through 2055.
The proposed standards, the toughest in U.S. history, are designed to cap pollution allowed per mile, encouraging the sale of electric vehicles that do not produce tailpipe emissions. The limits on carbon dioxide, smog-forming nitrogen oxide and other pollutants are expected to pare respiratory ailments and premature deaths while combating climate change and unlocking consumer savings tied to maintenance.
So, they’re basically making the numbers up, and expecting consumers to keep the cars for 10+ years. The average right now is that people get a new car every four years, which factors in all the people leasing, which are rarely more than three years. Health benefits? Sure, because people won’t be able to afford the vehicles, unless they are taking out loans that are 7+ years. Yeah, I see some people get loans I didn’t expect them to get, much less at a decent rate. One was able to roll $8k in on a $20K vehicles. Another just got a $34K loan at 6.25Apr for 72 months, when she had only been approved for $21K 4 months ago. And others. But, those are outliers. They will not be the norm. Consider, an easy calculation is for every $5 financed that’s a $100 in payment on a 5 year loan at 6.97apr. That’s not that far off these days with the APRs so high.
The EVs will be priced high, because of the “tax savings”, and a lot of folks will simply not get approved based on credit, history, and income/debt.
They’re purely guessing at “health savings.” That is also not a direct saving. Less smog will be helpful, but, less CO2? Please. Cult.
And you know that the cost to charge them will go up up up.
As far as the 8 year warranty mandate, well, I’m not really finding any details on it, so, we’ll have to see what the actual details are, what it covers. But, again, that cost is passed on to the consumer.
Let me ask: if the savings are that great why are consumers not buying more EVs, and why is government coercion/mandates required? It makes no logical sense.
On a separate note, let me give you a story: had someone purchase a used 2022 Ford Maverick hybrid, only like 8K miles on it. We sold it for $33K. The Monroney label had the MSRP as just under $23K. It didn’t even have power mirrors. But, the Black Book data (you cannot see this on the web) had it at $35K. Why? Because they are in short supply, were selling well above sticker (when we bought it we paid above MSRP), and there’s a big demand for them used. That’s what you’ll see with EVs: selling above sticker and/or the manufacturers jacking the MSRPs up because of the “rebates”.
Democratic party activists ae running commercials in my area as if they are independent energy users. Their claim: Biden lowered the cost of gasoline last Summer by $1/gallon by permitting 15% ethanol to be sold in some limited markets. Followed by a plea to “do it again”.
I was alive last summer and I’m pretty sure the price of gas didn’t go down by $1/gallon. Nor did 15% ethanol start showing up at local gas stations.
The real message: Hey, stupid voters, Biden is awesome and lowered your gas prices, last year, and none of you remember it because you have the memory of guppies.
Conservatives have always been pro-pollution because any limits are anathema to their tribe. To their credit, after tens of years they came to admit that pollution controls are valuable -after all, even connies learned that hog scheisse in rivers, acid rain, eye-watering smog, asthma-inducing particles, lead paint and tetraethyl lead were harmful. But today, connies believe everything is just right!
EVs even used ones are in high demand and selling over sticker price.
Apparently that is what happens when “Americans don’t want to buy EVs”
Ev boy-no, apparently that happens when their sales are largely mandated.
“Largely mandated”? Perhaps, “encouraged”, “recommended”, even “subsidized”… In fact, millions of gas cars and trucks are available and cheaper than EVs or hybrids.
Denier-girl/boy(?): In economics, when demand exceeds supply, suppliers can raise the price until demand and supply are back in balance. Or suppliers can increase supply.
Why are hybrids and EVs so expensive? According to the nuRight, no one wants them and there are millions of gas cars available and much cheaper!!
Could it be because demand exceeds supply?
Our esteemed host wrote:
I guess that I’m out of the ordinary.
I bought my 2010 Ford F-150 STX in April of 2010, new. It now has 188K miles on it, and still runs just fine, and never uses oil. Yeah, it’s a bit beat up, because it’s a work truck, but so what? I’m kind of proud that it’s a work truck.
The cheapest 2023 Ford F-150 Lightning has an MSRP of $59,000+. I have the separate electric service in my shop, so I could keep it charged, and I actually could make do with the thing. But those things are luxury trucks, with all of the bells and whistles, and a stupid 5½ ft bed; the only thing they’re good for is hauling groceries and beer.
I was amused the other day when I was watching The Five on FOX and they were talking about the “affordability” of and reliability of EV’s and that clown Geraldo Rivera blurted out he loves his new Bentley EV. Well, you should have seen Gutfeld and Jesse Watters jump all over him. It was hilarious. What was really funny was just as the words “Bentley EV” came out of his mouth you could see he realized he fuked up. It was a real knee slapper.
A rich, entitled, pompous, condescending, fool supporting EV’s because he got a $7500 tax credit and as he was saying it he claimed he wasn’t going to take the credit. These leftist always lie.
So H likes Uber drivers, waitresses and house painters to pay taxes so pigs like Rivera can get rebates on their Bentley. What slobs these leftists be.