Image: David Zalubowski/AP
The EPA is widely expected to propose new emissions laws later today that would effectively force more than half of all new cars, SUVs, and pickup trucks sold in the US to be electric by the end of this decade.
⚡🚘 The specifics: The new guidelines would reportedly call for 54%–60% of all new US car sales to be EVs by 2030, then rise to 64%–67% by 2032.
But much like Barry Bonds’ home run record, these numbers come with an asterisk: WaPo notes the reported figures represent the most aggressive of several options, and that EPA officials said the most stringent rules may not be the final choice following a period of public comment and analysis over the next few months.
🗣️ Expected comments and analysis: Many proponents of the EPA’s new laws note the transportation sector is the largest source of greenhouse gas emissions in the US – the world’s second-biggest polluter behind China – and contend that rapidly phasing out gas-powered vehicles for electric models would lead to a dramatic cut in global emissions.
On the other hand, many critics argue the new regulations are far too aggressive, and that the US auto industry won’t be able to ramp up EV production from its current level in time to hit the new targets. 7.2% of all new vehicles sold in Q1 2023 were EVs.
📊 Flash poll: How do you feel about the new EPA guidelines that would require at least half of all new vehicles sold in the US to be electric by 2030?
😬 The Social Security trust fund that helps pay retirement, disability, and family benefits to nearly 70M older Americans will become insolvent by 2033 – one year earlier than previously thought. That’s per a new report released by the Social Security Board of Trustees.
⚖️ Former President Donald Trump is expected to turn himself in to the NYPD tomorrow, at which point he’ll become the first former president in US history to be formally charged w/ a crime.
📝🩺 Yesterday, a federal judge in Texas struck down a provision of the Affordable Care Act (aka Obamacare) that requires US insurance companies to cover preventative treatments like mammograms, colonoscopies, and cancer screenings for free.
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