• Privacy Policy
  • About Us
  • Contact Us
Climate Change Dispatch
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
Climate Change Dispatch
No Result
View All Result

Robbin’ The Hood: Biden’s EV Agenda Takes From The Poor, Gives To The Rich

by Nick Pope
April 09, 2024, 10:06 AM
in Electric Vehicles (EVs), News
Reading Time: 4 mins read
A A
1

electric car snow

President Joe Biden’s massive electric vehicle (EV) agenda will subsidize the lifestyles of America’s well-to-do while hitting average people the hardest, economists and auto market analysts told the Daily Caller News Foundation. [emphasis, links added]

The Biden administration is aggressively regulating the U.S. auto market to drastically increase the proportion of EVs sold over the coming decade, but consumer demand has not taken off as quickly as proponents had projected despite the subsidies made available by Biden’s flagship climate bill, the Inflation Reduction Act (IRA).

Manufacturers are slashing prices of their EVs to make the vehicles more appealing to consumers, which will increase prices for internal combustion engine (ICE) cars to compensate; this dynamic will only pick up speed and infect the used-car market favored by lower-income consumers as the administration’s stringent regulations kick in over time, economists and auto market analysts told the DCNF.

EVs benefit from direct subsidies, such as the IRA’s $7,500 consumer tax credit, but they also will increasingly benefit from a hidden cross-subsidy whereby manufacturers drop their prices and offset those losses by boosting prices of ICE vehicles, experts explained to the DCNF.

“As the mandated market share of EVs grows, the number of ICE vehicle sales must shrink. A decreasing number of ICE vehicle sales would have to prop up an increasing number of EV sales. The price hike per ICE vehicle would have to increase to offset losses on the ever-larger volume EVs sold,” Marlo Lewis, a senior fellow for the Competitive Enterprise Institute, told the DCNF.

“Used cars compete with new cars for customers. If new car prices rise, so will used car prices. Even with generous federal, state, and manufacturer incentives, EVs cost thousands of dollars more than comparable ICE vehicles, and millions of middle-income households are already priced out of the market for new vehicles.”

The Biden administration’s Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) have each promulgated major emissions or fuel economy regulations designed to effectively require massive increases in the number of EVs sold in the 2030s.

Despite these regulations and massive federal spending intended to help advance EV production and demand, American manufacturers are losing billions of dollars on their EV product lines.

These losses are poised to kick off a chain of second-order consequences on the auto market that will disadvantage lower-income consumers whose needs are especially not well-suited by EVs, O.H. Skinner, the executive director of the Alliance for Consumers, told the DCNF.

Democrats set aside billions of dollars to help build out a national EV charging network in the bipartisan infrastructure package of 2021, but those funds have so far only led to a handful of charging stations coming online across the country while “range anxiety” remains a very real concern for consumers.

One of the most pernicious effects of the EV agenda is the skyrocketing cost of many traditional models.

When D.C. and California elites fixate on wiping away the majority of the cars on the market, it distorts the market — the cars that people want are in shorter and shorter supply, leading to higher prices and requiring consumers to pay over list price to snag what is available, while the market is flooded with EVs that consumers aren’t interested in, even at steep discounts, Skinner told the DCNF.

“And this will roll forward into the used market as well, as the same shortages flow through for years, hurting those who most need affordable cars that meet their family needs.”

The general effect that Skinner describes projects that increased costs of new gas-powered cars — driven by manufacturers’ desire to offset losses on EVs and increase demand for a decreased number of available new gas-powered models — will boost demand for used cars as consumers turn to that market for better deals.

In turn, that increase in demand will put upward price pressure on the used car market, making cheaper options less affordable to the detriment of demographics that do not have the means to splurge on pricier automobiles.

Read rest at Daily Caller

  • Truth
  • Twitter
  • Facebook
  • LinkedIn
  • Gettr
  • Threads
  • gab-logo Gab
  • Mastodon
  • Buffer
  • Telegram
  • Email
  • Copy Link
  • Share Using More Networks…

Popular Posts

Energy

Professor Makes Stunning Discovery: ‘Absolutely, 100 percent, Offshore Wind Kills Whales’

Jul 15, 2024
News

Scientific Bombshell Undermines The Climate Doom Narrative

Oct 23, 2024
Electric Vehicles (EVs)

The ‘Green’ Scam Of The Century: How ‘Renewables’ Increase Fossil Fuel Demands

Oct 23, 2024

Comments 1

  1. SPURWING PLOVER says:
    2 years ago

    We all know for sure that many of these Eco-Freaks are rolling in the Dough getting donations from Hollywood and the rest of the typical suckers who believe their Drowning Polar Bears load of Poppycock

Stay Connected On Social Media

gab-logo

Donate Today

Beating back the alarmist narrative takes time and money. Please donate today to help!

Recent Posts

  • COP30 Amazon17 Republican AGs Urge Trump Admin To Skip COP30 Over Green Energy Policies
    Oct 24, 2025
    The attorneys general say attending COP30 would back costly, unreliable wind and solar and risk U.S. energy security. […]
  • severe storm over cityClimate Expert Reveals Latest Scandal Tied To Billion-Dollar Disasters
    Oct 24, 2025
    Climate Central takes over the Billion-Dollar Disasters tabulation, sparking fresh controversy over its methods and motives. […]
  • ocean sun cloudsNew Study Finds 75% Of Rising Ocean Heat Likely Natural, CO2 Not A Factor
    Oct 24, 2025
    Study shows ocean warming driven mostly by natural cycles, not greenhouse gas emissions, challenging mainstream global warming narratives. […]
  • LNG terminal in germanyU.S. And Qatar Push Back On EU’s Climate Mandates That Threaten LNG Exports
    Oct 24, 2025
    U.S. and Qatari officials warn that the EU’s latest climate regulations under CSDDD could endanger Europe’s access to affordable natural gas. […]
  • marines trainingCrazy Hill Op-Ed Demands Generals Respond To Climate Change ‘National Security’ Threat
    Oct 23, 2025
    The Hill warns of climate Armageddon unless U.S. generals join the fight against ‘Mother Nature,’ now deemed a national security threat. […]
  • Shipping port near power plantEurope’s Energy Crisis Shows Net Zero Dogma Comes At A Cost
    Oct 23, 2025
    While China’s rare earth threat exposes U.S. supply chain risks, Europe’s energy crisis shows how net zero policies backfired spectacularly. […]
  • wind farm climate outDemocrats Ditch Climate Messaging As Rising Utility Costs Hit Voters
    Oct 23, 2025
    As Democrats struggle with climate messaging, voters feel the pinch from rising utility bills and the party's costly green energy policies. […]
  • Protest system change not climate changeLead Attorney Admits Real Goal Of Climate Lawsuits: Backdoor Carbon Tax
    Oct 23, 2025
    A top lawyer spearheading climate lawsuits says the quiet part out loud: litigation is a backdoor carbon tax on oil companies and consumers. […]
  • WMO reportHow The World Meteorological Organization Lies To You—Using Your Taxes
    Oct 22, 2025
    The WMO’s 2025 greenhouse gas report hides key data that undercuts the so-called climate 'crisis' narrative—funded by your tax dollars. […]
  • Hurricane generating ocean waves2025 Hurricane Season Is Flopping As Alarmist Predictions Fail
    Oct 22, 2025
    The 2025 hurricane season so far has seen no major U.S. landfalls, exposing alarmists’ failed predictions of catastrophic storms. […]

Get Instant Email Notifications

Subscribe to receive a digest of daily stories, or get emailed once they're published. Check your Junk/Spam folder for a verification email.

Submit a tip

Please enter your email, so we know you're human.

Books You May Like

exposing great lie

Have a suggestion? Let us know! We swap out books based on your input. We participate in the Amazon Services LLC Associates Program. See here.

  • About
  • Privacy Policy
  • Contact Us

© Portions copyright Climate Change Dispatch

No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us

© 2025 Climate Change Dispatch

 
Share via
  • Facebook
  • Like
  • Twitter
  • Pinterest
  • LinkedIn
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky
Share via
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky