The president wants half of the vehicles sold in the United States to be electric by 2030, hoping to phase out gasoline-powered engines that contribute to climate change.
The president’s plans to cut emissions in half by 2030 relies heavily on a government effort to steer the development of new industries, but business leaders are fretting over the rapid timeline.
The new president has promised to take the lead on climate. His plan does not disappoint.
In short: Very green. But plug-in cars still have environmental effects. Here’s a guide to the main issues and how they might be addressed.
The new president has shown a welcome interest in combating climate change. But more will need to be done.
Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations.
The end of the gasoline-powered car will transform the economy.
Traditional automakers have struggled to sell electric cars. That could change as Ford, Volkswagen and others introduce new models.
Struggling energy companies are increasing the production of renewable diesel, which can reduce greenhouse gas emissions.
The fuel could play an important role in fighting climate change, but it has been slow to gain traction because of high costs.