World Bank calls for global ban on vehicles with combustion engines, oblivious to the reality that electric vehicles aren't a viable alternative
By jdheyes // 2022-04-28
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There is no better recent example of how out of touch the global ruling elite is with ordinary citizens than the call to phase out the most reliable form of transportation over the past century in favor of a mode of transport that is far more expensive and far less reliable because the infrastructure doesn't exist. While some automakers have been tinkering with electric vehicles for several years now, all of a sudden after Joe Biden was installed as president there is a huge push to phase out fossil fuels and combustible engines entirely, even though he never ran on a platform of, 'I'm going to completely change the way in which Americans travel.' Some automakers like Volkswagen have vowed to completely phase out gasoline and diesel engines in lieu of only building electric cars and trucks, while other companies have already announced plans to build billion-dollar factories solely for electric vehicles while also reducing their inventories of gas-powered models. Biden's regime has essentially mandated this with policy: The administration will require all new vehicles manufactured after 2024 to get at least 49 miles per gallon, which is not possible for gas-powered trucks and midsized vehicles (let alone high-performance cars like the Dodge Challenger and Chevy Corvette). At the same time, gas prices have nearly tripled in many parts of the country, putting what amounts to a huge new tax on American consumers -- even as inflation on nearly everything else they buy takes an even greater toll on weekly paychecks. Americans did not vote for this -- even though many actually did vote for Biden. And they are furious, judging by recent polling, at the president and his party for imposing these costly new policies on a country that cannot even handle the extra power load that a tidal wave of new electric vehicles will create (and at much greater up-front cost because these vehicles are not cheap). Meanwhile, there is global pressure as well, noted by The Epoch Times, to get rid of a century's worth of reliable transportation, all in the name of the 'climate change' hoax: In remarks to the World Bank’s “Financing Climate Action” event on April 21, Baron Nicholas Stern, one of the world’s most influential climate economists, spoke about what he sees as necessary global actions on climate change, including on the sale of conventional internal combustion engine (ICE) vehicles. The discussion was part of the annual spring meetings of the World Bank Group and the International Monetary Fund (IMF). “The right kind of policies have to be put in place, including the abolition of fossil fuel subsidies, the advancement of carbon pricing, but clarity on timescales for decentralization of the grid, clarity on timescales for stopping the sale of internal combustion engine vehicles, and so on—making sure the sense of direction is clear in those ways,” said Stern, who served as chief economist for the World Bank from 2000 through 2003. Currently, Stern serves as chairman of the Grantham Research Institute on Climate Change and Economics and the London School of Economics -- an institute that was founded by members of the socialist Fabian Society in the 1890s, in part "for propaganda and other purposes." In a 2006 publication, "The Stern Review on the Economics of Climate Change," the British 'expert' claimed that climate change is "the greatest and widest-ranging market failure ever seen." Again, proving how out of touch this elitist hoaxer is, when he was asked about Russia's invasion of Ukraine, which contributed to already-rising gas prices in the U.S. and around the world, he responded: “The right thing to do is to move away faster and harder from fossil fuels," adding that doing so will mean building a "much bigger capacity for electricity." But the problem is, especially in the U.S., we can't simply build out our power grid; there are too many left-wing environmental groups who, while hating on fossil fuels, would sue to keep developmental projects from moving forward over concerns about "the environment." Leftist policies premised on a hoax are only made worse by left-wing hypocrisy. In the end, American consumers always pay the price. Sources include: TheEpochTimes.com Electricity.news
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