[Sonya Hebert, Public domain, via Wikimedia Commons]

Biden Regulations Will Cost Us All Money

With the cost of everything soaring since 2020, Joe Biden has claimed that he wants stop inflation, but in reality, his “Inflation Reduction Act” was always just a “Green New Deal” by another name. 

According to the Environmental Protection Agency, the environmental regulations pushed by the White House, on everything from cars to dishwashers, will cost all of us nearly a trillion dollars after everything is said and done. 

The Washington Times discussed the new accounting by the Senate Environment and Public Works Committee that revealed exactly how Biden intends to make us all poorer in order to keep the “green” vote in his desperate attempt at reelection. 

“Despite clear warnings from American consumers and job creators, and loss after loss in the courts, President Biden is moving full steam ahead with his crippling, unrealistic environmental agenda in 2024,” said Sen. Shelley Moore Capito of West Virginia, the committee’s top Republican. “Americans do not want and cannot afford what this administration intends to accomplish through executive overreach and deference to climate activists.”

The cost to implement six major EPA policies over the coming decades detailed in the report was based on each rule’s respective regulatory impact analysis. 

Those regulations include: 

$590 billion from 2027 to 2055 for an EV mandate on cars that requires two-thirds of new vehicles sold by 2032 to be all-electric or hybrid.

$210 billion from 2026 to 2040 for a waiver sought by California to phase out 100% of new gasoline-powered cars by 2035. The waiver is still under consideration. Last year, the EPA granted California a waiver to begin phasing out diesel-powered trucks in favor of electric alternatives.

On top of those major regulations, the outlet noted that another $21 billion will include the Democratic obsession to get rid of fossil fuel power plants and turn a quarter of our semi-trucks into electric vehicles. 

In effect, we will be moving millions of cars onto the already shaky electric grid while making it less resilient. 

On top of costing us each thousands of dollars, electric vehicles will also likely pollute the environment significantly more than their gasoline counterparts. 

In March, New Conservative Post revealed the dirty side of EVs that liberals have ignored in their desperate attempt to foist them on the population in the name of climate change.

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