BlackRock and the Government Unite to Force Transition to Electric Vehicles

[Epoch-Times-Bot]

BlackRock and the Government Unite to Force Transition to Electric Vehicles

California passed a law in August banning the sale of new gas-powered vehicles in 2035. Seventeen states, including Washington, New York, and Oregon, are expected to follow suit.
The same month, President Joe Biden signed the Inflation Reduction Act into law. Despite its name, the bill is the most significant climate action bill in U.S. history and won't help inflation, non-partisan third-party analysts say.
Biden's war on fossil fuels and climate change appears to have escalated in the past few months, but it is only the fruition of a yearslong push by the government and a mammoth private-sector investment fund toward electric vehicles as part of a “net-zero” energy-sector agenda....

Source: BlackRock and the Government Unite to Force Transition to Electric Vehicles

[xenzol]

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