The government has finalized a list of new environmental regulations of that they are calling curbing gas-powered vehicle tailpipe emissions as part of its broader efforts to reduce greenhouse gas emissions and combat global warming. Sounds wonderful but how does this impact you, car prices and the economy. It may surprise you.

Lauren Fix explains the new rules and explains how this impacts you.

The EPA’s finalized rule is a watered-down version compared to the original proposal that would eliminate gas powered cars by 2030. While the EPA will still seek for EVs to make up 67% of new car sales by 2032, it will allow automakers to do so using other mixes of vehicles, including plug-in hybrids, strong hybrids, and improved internal combustion engine vehicles, in addition to pure battery electric vehicles.

You may think this is a win, but actually it isn’t because what they’re going to do is put additional regulations on three-quarter ton and 1 ton trucks. There’s going to be an impact there when it comes to literally everything you do and everything you buy. Beyond that the push continues for electric vehicles which uses 1/3 less employees to manufacture. Which means the UAW just made a wonderful agreement for their employees except 1/3 or more of them will be no longer needed to build cars. So it’s going to hurt the unions and it’s going to hurt the economy and it’s going to hurt consumers and it’s going to hurt you.

Thanks for watching!

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