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   CONSPRCY      How big is your tinfoil hat?      2,445 messages   

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   Message 2,406 of 2,445   
   Mike Powell to All   
   What does this mean for EVs?   
   14 Feb 26 12:44:25   
   
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   What does this mean for EVs? 5 ways Trump's big climate policy reversal could   
   affect your next car purchase   
      
   By Leon Poultney published 20 hours ago   
      
   Could EVs actually benefit?   
      
       President Trump has announced a reversal of the 'endangerment finding'   
       This ruling found that greenhouse gases endanger public health   
       Trump promises cheaper cars, but it could increase the cost of living    
      
   President Trump has reversed a landmark ruling that found greenhouse gases   
   endanger public health, in a bid to lower car prices and ease the energy cost   
   burden on American households.   
      
   According to the New York Times, for over 17 years, the US Environmental   
   Protection Agency (EPA) has relied on scientific findings to justify   
   regulations that limit carbon dioxide, methane, and other pollution from oil   
   and gas wells, tailpipes, smokestacks, and other sources that burn fossil   
   fuels.   
      
   Dubbed the 'endangerment finding', it was designed to reduce the effects of   
   climate change and protect the health of US citizens and, arguably, the   
   world's population.   
      
   But this isn't the view of President Trump's current administrator of the EPA,   
   Lee Zeldin. According to The Guardian, an emailed statement from a spokesperson   
   said the endangerment finding was used to "justify trillions of dollars of   
   greenhouse gas regulations covering new vehicles and engines".   
      
   The potential rollback of this policy is expected to increase the country's   
   greenhouse gas emissions by 10 per cent over the next 30 years, according to   
   the Environmental Defense Fund, an advocacy group. "We predict 58,000   
   premature deaths by 2055," Peter Zalzal, Attorney, Environmental Defense   
   Fund, told CNBC.   
      
   In addition to the potential effects on health and the global climate, the   
   automotive industry is expected to face an extended period of uncertainty. This   
   compounds the previous removal of federal tax credits for EVs, which saw sales   
   drop dramatically, as well as the numerous trade tariffs that President Trump   
   has imposed, making it almost financially impossible for some global automakers   
   to export to North America.   
      
   However, the Trump administration claimed ignoring the `endangerment   
   findings' would save auto manufacturers and other businesses an estimated $1   
   trillion, although it has declined to explain how it arrived at that estimate,   
   according to CNBC.   
      
   Fuel prices rise, innovation stalls   
      
   So what could the impacts be? First, removing emissions regulations could see   
   US carmakers cut their spending on innovation and fall back on polluting and   
   less efficient vehicles. According to some industry insiders, this would   
   actually see Americans spend more money on fuel to complete the daily commute.   
      
   This increase in demand would then see the cost of fuel rise, which could   
   increase the profits of the major oil companies by as much as $1.4 trillion,   
   according to Electrek.   
      
   At the same time, a reduction in incentives to innovate could see the US auto   
   industry slip even further behind in the race to develop more efficient and   
   environmentally friendly vehicles. This could massively benefit China, which is   
   already racing ahead in the development of next-gen battery and hybrid   
   technology.   
      
   Despite financially supporting the current administration, Elon Musk and his   
   company Tesla have been vocal about the endangerment finding, claiming that it   
   - and the vehicle emissions standards which flow from it - have provided a   
   "stable regulatory platform for Tesla's extensive investments in product   
   development and production", according to CNBC.   
      
   Currently, the company's sales have been stalling across the globe, with many   
   claiming its lack of innovation has caused it to fall behind rivals.   
   EV uptake actually increases   
      
   On the flip side, this landmark reversal of policy could, in fact, increase   
   demand for pure electric, hybrid, and generally more efficient vehicles, as US   
   citizens flock towards models that could help reduce the daily costs of travel.   
      
   What's more, States could step up and enact their own legislation that would   
   overrule President Trump's decision. California has been an advocate of   
   cleaner EV technology and the general reduction in greenhouse emissions on a   
   more local level.   
      
   Due to the extremely sensitive nature of the automotive industry, most   
   automakers build vehicles to the strictest emissions standards, rather than   
   risk making a production line overly complicated and expensive.   
      
   This could mean that those manufacturers based in the US would produce cars   
   based on the toughest standards in the strictest states.   
      
   Lastly, automakers work to extremely long product development timelines,   
   meaning this ruling isn't going to immediately halt whatever is in the   
   pipeline. Those EVs and hybrids that are due to hit the market in two or three   
   years are still likely do so.   
      
   "Even despite this, almost kind of this war on EVs - getting rid of the   
   subsidies, getting rid of the regulation - I think it's been pushed to a   
   point where you're not going to see us turn totally around on EVs," Alan   
   Jenn, a professor at the University of California, Davis's Electric Vehicle   
   Research Center told CNBC.   
      
   Regardless, the recent decision by the Trump administration will likely be met   
   with frustration by an industry that is currently going through arguably its   
   most significant transition in 100 years.   
      
      
   https://www.techradar.com/vehicle-tech/hybrid-electric-vehicles/what-does-this-   
   mean-for-evs-5-ways-trumps-big-climate-policy-reversal-could-affect-your-next-c   
   ar-purchase   
      
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