Biden's Plan for Electric Vehicles: What You Need to Know
The president is hoping to make electric vehicles more affordable to turn a niche product into one with mass appeal.
The president is hoping to make electric vehicles more affordable to turn a niche product into one with mass appeal.
The ambitious timetable could slip as debate intensifies over aspects of the plan.
The $2 trillion proposal represents an enormous effort to fight climate change, but it sidesteps a dilemma: When should Americans defend their land, and when should they just move?
For many mothers newly burdened by Covid-19, resentment lingers that the government hasn’t helped more, and sooner. Both political parties are now trying to court them.
The president will begin selling his proposal on Wednesday, saying it would fix 20,000 miles of roads and 10,000 bridges, while also addressing climate change and racial inequities and raising corporate taxes.
How the $2 trillion in proposed spending breaks down.
(Wed, 31 Mar 2021) The U.S. Energy Information Administration release showing national monthly biofuels operable production capacity.
(Wed, 31 Mar 2021) <p>U.S. manufacturing is becoming more fuel-efficient and less labor-intensive since 1998. Manufacturing gross output grew by 12% while fuel consumption decreased by 16%. Labor productivity—measured as gross output divided by the number of employees—also improved by 62% in the same period. In addition, fuel intensity—measured as fuel consumption divided by gross output—decreased by 25% from 3.2 quadrillion British thermal units per billion dollars in 1998 to 2.4 quadrillion British thermal units per billion dollars in 2018.</p>
The president will propose using the revenue from increasing corporate taxes to pay for eight years of ambitious spending on roads, bridges, utilities and other needs.
In the face of enormous challenges — from the coronavirus pandemic and its economic fallout to climate change — the current president is outpacing the last two in early spending plans.