"Biden's New Auto Emission Rules: Navigating Roadblocks and Implications for Investors"

The Biden EPA has implemented new regulations on tailpipe emissions, effectively pushing for a majority of new cars to be electric by 2032, a move criticized as an assault on the middle class by opponents. Critics argue that the policy will make cars more expensive and reduce options for Americans, while also contributing to rising energy costs. The administration's focus on increasing energy prices is seen as a deliberate effort to force conservation, impacting lower and middle-class citizens the most. The push for electric vehicles comes despite slowing demand and financial losses for automakers, leading to concerns about the potential consequences of such policies.