Biden Administration Set To Announce Stricter Emissions Regulations

Biden Administration Set To Announce Stricter Emissions Regulations

The other benefit has been the investment into a country-wide charging network. The administration has created grants and programs that have invested over $10 billion alone into establishing over half a million chargers all across the US. The government appears to be doing everything it can to make electricity our future and be in line with the Paris Agreement that aims to half greenhouse emissions from 2005 levels by 2030.

To reach these goals, automakers are seen as an important element. Unfortunately, many are slow to change in an industry that’s much more than a century old. Regulations or missing profits are the only incentivizes, and both have presented themselves much more over the past decade.

Automakers are very obviously a mixed bag. On one hand, you have companies like Tesla, who are well ahead of the curve and happy to put a Model 3 into everyone’s homes and believes the rules should be more stringent than they are.

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