24 min
EV or Not EV? That is the Question. Trading Perspectives: An Economic Podcast
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- Investing
This week the Administration restated tailpipe emission standards which will effectively end the American auto industry as we currently know it. The goal is simple: to have more Americans drive more electric vehicles in order to drive down harmful carbon emissions. However, as the old saying goes, for every action there is a reaction. Did the Administration really think through all of the probable consequences of its emissions mandate? At first blush, it wouldn’t appear so.
On this week’s Trading Perspectives, Sam and John discuss the recently announced tailpipe emission standards and how the US economy simply isn’t ready, willing and able to abide by them.
This week the Administration restated tailpipe emission standards which will effectively end the American auto industry as we currently know it. The goal is simple: to have more Americans drive more electric vehicles in order to drive down harmful carbon emissions. However, as the old saying goes, for every action there is a reaction. Did the Administration really think through all of the probable consequences of its emissions mandate? At first blush, it wouldn’t appear so.
On this week’s Trading Perspectives, Sam and John discuss the recently announced tailpipe emission standards and how the US economy simply isn’t ready, willing and able to abide by them.
24 min