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The issue that should concern everyone is not the Joe Biden administration and their ideology around climate change, or the EPA, or even the viability of EVs themselves. The issue that should draw the biggest concern is how the regulation originates; what is the impetus; who are the beneficiaries?
The regulation itself did not originate in the EPA, nor was it created from an origination process amid climate ideologues in the administration. Everything starts with BlackRock positioning their assets. From that empirical point, all political activity then takes place, which includes the regulations to support the BlackRock objective.
A massive, multinational investment firm is in control of political outcomes in the USA. That should be the emphasis, not necessarily the regulation that flows as an outcome of that control, and certainly not the debate over whether EVs are a viable alternative to combustion engines. BlackRock, and the control agents of finance, banking and investment, would like nothing more than to see Congress have debates about climate change, the viability of EVs as an alternative to combustion engines, the nuances of power grid generation from alternative energy sources, the scale of energy need as estimated and debated for the next two decades, etc. (Read more.)
