Biden Signs Oil Industry Death Warrant With New ‘Initiative’

Joe Biden is a ‘driving’ factor behind the complete and total destruction of the new United States. The old United States was a country of personal freedom and responsibility, civil liberties, and consumer choices, which placed America far and above any other developed nation.

The current administration is hell-bent on destroying exactly what makes America great.

The cognitively-deficient president sought to project unity with the auto industry Thursday as he signed an executive order at a White House event setting a target for half of all new vehicles sold in the United States to be electric or carbon-free by 2030.

CEOs of the Big Three U.S. automakers, along with the president of the United Auto Workers union, flanked Biden as he announced the new goal and unveiled strict regulations for fuel efficiency and carbon emissions for cars and light trucks.

Biden’s new initiatives are part of his push to reduce the use of gasoline in transportation, the biggest driver of greenhouse gas emissions causing climate change.

The executive actions are components of Biden’s Build Back Better agenda that includes providing rebates for consumers purchasing electric vehicles, investing more in charging infrastructure to reduce range anxiety, spending on technology to reduce the cost of batteries, and incentivizing factories to build the cars.

Those other policies will require cooperation by Congress as part of infrastructure legislation negotiations. To make his case, Biden warned about the lost opportunity cost of ceding the electric vehicle market to China.

The U.S. market share of electric vehicle sales is only one-third of China’s, which has dedicated generous subsidies to spur purchases while dominating the global supply chain for the cars and their batteries.

Union auto workers are an important constituency for Biden, but electric vehicles require less labor to make, threatening employment opportunities.

After the event, Biden hoped in a new electric Jeep and did some ‘victory’ laps around the White House. His Secret Service detail did not allow him to go far, however, as Biden doesn’t have the mental capacity to operate a moving vehicle on the road.

Author: Nolan Sheridan