Thursday, June 23, 2022

New Car? Truck? Fuggedaboutit!

Not only will you have nothing and like it, according to the World Economic Forum.  You won't have a car, either!  

That's what the Biden Junta has ordered next.

In April, [Biden's] National Highway Traffic Safety Administration (NHTSA) announced the new Corporate Average Fuel Economy (CAFE) standards that automobile manufacturers must adhere to through 2026. Unfortunately, the [Biden] rule is likely to lead to a shortage of new gasoline-powered cars in the coming years while massively hiking the price of battery-powered electric vehicles (EV) as well as cars powered by internal combustion engines (ICE)....

 ...NHTSA’s new rule requires a massive 40 percent increase in mpg from now to 2026. Fuel efficiency must rise 8 percent in 2024 and 2025 model year automobiles, and 10 percent in 2026 model year automobiles, to a 49-mpg car and truck fleet average. Historically, the most manufacturers have been able to increase mpg year-over-year is about 3 percent. So, surging average mpg by a whopping 10 percent is a tall order.

Adding insult to injury, [Biden's] Environmental Protection Agency (EPA) has separately set carbon dioxide (CO2) emission limits on automobile fleets. By 2026, cars will have to produce an average of 132 grams of COper mile (g/mile) and light trucks an average of 187 g/mile for a fleet average of 161 g/mile, a 28 percent decrease from 2022. If vehicles do not meet this standard, EPA will not certify them for sale.

The challenge with this ruling is no cars with an internal combustion engine, that is, every automobile that runs on gasoline, currently emit COat this extremely low level. The lowest-emitting car is the 2022 Toyota Prius Eco at 159 g/mile. Trucks like the Ford F-150, Dodge Ram, and the Chevrolet Silverado, the three most popular automobiles in the country in terms of sales, emit 407 to 550 g/mile, depending on engine size....

And in case you haven't figured this out, no NEW cars sold means no USED car trade-ins.  Good luck getting to the grocery store (which you can't afford anyway.)

How's your supply of ammo?

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