If Trump wins the WH again, get ready to go backwards
A reelected Donald Trump could pull several levers to try and pare back federal policies aimed at speeding the transition to electric vehicles.
Why it matters: EVs are becoming more mainstream, but they’re still a small share of U.S. car sales, and President Joe Biden has been keen to juice deployment.
Catch up fast: Trump, the GOP frontrunner, released a video late last week that, among other things, bashed EV costs. He vowed to reverse what he called a “ridiculous Green New Deal crusade.”
Trump’s seeking auto workers’ votes in competitive states like Michigan, at a time when the United Auto Workers leadership is skittish about EVs.
The big picture: It’s hard to see the votes for outright repealing the Democrats’ climate law or the 2021 bipartisan infrastructure bill, even if Republicans have both chambers of Congress after 2024.
Yes, but: Trump would hardly be powerless.
Zoom in: His campaign released a list of proposals alongside the video. This isn’t an exhaustive list, but let’s explore some of those and other ways he could alter policy.
Trump’s vowing to kill the EPA’s brewing tailpipe CO2 emissions rules. The agency sees bringing EVs to 67% of U.S. light-duty sales by 2032.
Reversing a completed rule is time-consuming and legally fraught. One wrinkle: if the final rule was still tied up in court when Trump took office, his administration could decline to defend it.
A Trump-led Treasury Department could take a more restrictive view of how many EV models qualify for consumer purchase subsidies up to $7,500.
The climate law tethers tax credits to key battery materials sourced, processed or recycled domestically or from free-trade partners. But Treasury has wiggle room in the interpretation.
The Biden administration has also been crafting mineral-specific trade agreements with some countries that could be altered.
A Trump administration could make it harder to access funding streams and manufacturing incentives in the climate and infrastructure laws.
For instance, the infrastructure law has $7.5 billion for building out EV charging networks, but the money is doled out over multiple years.
State of play: Trump’s policy agenda comes as rapid EV growth in recent years is showing signs of slowing.
EVs were 7.2% of U.S. sales in Q2, down very slightly from Q1, per Cox Automotive.
The bottom line: The move toward EVs is too far along to kill as automakers embracing them commit billions of dollars and expand their lineups. But Trump could alter how fast the tech is adopted.
This is a man who ran for president whining about low flow toilets and complaining that it takes too long to wash the Tres Semme out of his hair in the shower. (He actually just complained about the shower flow but we all know what the problem is don’t we?) He is going to do everything he can to exacerbate climate change because he believes that he’s the worlds greatest environmentalist because he says he wants clean air and water. In fact, he brags that during his term we had the cleanest air and water in the history of the world.
This cannot happen. We re in a state of crisis which this summer’s heat domes are showing in living color. People need to sober up and understand that electing tee-totling moron because we’d liketo have a beer with them or because they are the best insult comics is going to kill life on this planet.