Index Investing News
Sunday, April 26, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Maybe Democrats should slow down on electric vehicles

by Index Investing News
September 13, 2023
in Opinion
Reading Time: 3 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter


By David Phelps

Wednesday, Sept. 13, 2023 | 2 a.m.

The nation can solve its policy challenges. Even though it doesn’t get the attention it deserves, it is vital for people to know a great deal of bipartisan work is being done in Congress. This isn’t surprising since most Americans remain in the political mainstream and want our elected leaders to work together.

One policy debate this nation is having revolves around electric vehicles, or EVs.

While I am a proud supporter of President Joe Biden and I am glad he has led the nation as a centrist, I do worry the administration has made an over-commitment to EVs. Also, several states — Maryland, New Jersey, Delaware and Minnesota — are following California’s lead by implementing policies to ban the sale of new gas- and diesel-powered vehicles by 2035.

Indeed, Centrist Democrats of America — which advocates for Democrats to lead from the political center — did polling across those states (excluding California) to gauge people’s opinions on EVs, and our findings show that most folks are leery of massive government investments in EVs. For example:

• Just 3% of Maryland voters say more investments to increase the number of EVs should be the top government funding priority.

• Only 9% of Minnesota voters strongly support restricting the sale of gas- and diesel-powered vehicles and banning the sales of gas and diesel vehicles within the next 10 years or so.

• 3% of New Jersey voters say limiting the number of gas vehicles sold in the state is the best approach to encouraging more EV usage.

• In Delaware, 62% of respondents agreed that “an incremental approach to getting more electric vehicles on the road makes more sense for Delaware residents, and the gradual build-up will allow for the market to fix itself along the way.”

A strong majority of these respondents — especially Democrats — are worried about the effects of climate change. So, it is not that people are denying global warming; they have doubts about EVs.

For instance, I live in rural southern Illinois, where there is almost no infrastructure for charging EVs. On top of that, many farmers in my community rely on gas-powered vehicles and have invested in that machinery to use those trucks for many years. In the future, farmers would like to be able to buy a new gas- or diesel-powered truck and not worry about finding adequate charging infrastructure.

We also must remember that, on average, EVs cost thousands of dollars more than a gas-powered vehicle. Plus, it can cost thousands of dollars to install proper equipment in a home to charge an EV.

While I support the $7,500 tax credit for EVs that was part of Biden’s signature achievement, the Inflation Reduction Act, I think Democrats should consider expanding those credits to people to buy hybrid vehicles like a Toyota Prius.

I understand the environmental movement wants to eliminate all gas- and diesel-powered vehicles as soon as possible. But helping Americans afford a gas-powered hybrid vehicle would save people money at the fuel pump, help them do something about climate change, and not force them to buy an EV before the country has enough charging stations. This seems like a commonsense solution to fight climate change, help people save money on gas, and accept the reality of the current limitations of EVs.

Policy disagreements on issues like EVs between members of the same political party are a healthy part of our American democracy. I am a proud Democrat, and I urge the White House to remember that hard-working, tax-paying citizens want sensible policies. That is why I worry that banning gas vehicles is not the best policy for the White House and states to pursue.

David Phelps, a Centrist Democrats of America board member, represented Illinois’ 19th Congressional District from 1999 to 2003. He wrote this for InsideSources.com.





Source link

Tags: DemocratselectricSlowvehicles
ShareTweetShareShare
Previous Post

Disney: Capitalize On The 9 Year Low (NYSE:DIS)

Next Post

Chinese aircraft carrier, jets holding drills in the Pacific, says Taiwan | Military News

Related Posts

The Queens street meetup was chaos—and can’t happen again

The Queens street meetup was chaos—and can’t happen again

by Index Investing News
April 25, 2026
0

Let’s get something straight right away: What happened at 69th Street and Eliot Avenue last weekend was serious—not a case...

Why Dhaka is watching Bengal elections closely

Why Dhaka is watching Bengal elections closely

by Index Investing News
April 21, 2026
0

On April 23 and 29, West Bengal will head to the hustings, to elect a new state assembly. This is...

What one needs to build a tech unicorn: A dream, some employees and lots of AI hype

What one needs to build a tech unicorn: A dream, some employees and lots of AI hype

by Index Investing News
April 17, 2026
0

Investors’ appetite to back companies created by breakaway former employees of top AI labs is insatiable. Last July, OpenAI’s former...

Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates – FREEDOMBUNKER

Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates – FREEDOMBUNKER

by Index Investing News
April 13, 2026
0

Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh...

What the GOP can learn from listening to voters instead of consultants –
Las Vegas Sun News

What the GOP can learn from listening to voters instead of consultants – Las Vegas Sun News

by Index Investing News
April 9, 2026
0

Thursday, April 9, 2026 | 2 a.m. For the political class, the arrival of the primary season is like opening...

Next Post
Chinese aircraft carrier, jets holding drills in the Pacific, says Taiwan | Military News

Chinese aircraft carrier, jets holding drills in the Pacific, says Taiwan | Military News

The Phoenix buys Green Lantern’s Holmes Place stake

The Phoenix buys Green Lantern's Holmes Place stake

RECOMMENDED

Solana Dealer Turns 0 Into  Million In Unreal Meme Coin Commerce, Here is How

Solana Dealer Turns $800 Into $10 Million In Unreal Meme Coin Commerce, Here is How

October 9, 2024
LRE on Tour 12/6

LRE on Tour 12/6

December 7, 2024
When all issues grow to be linked

When all issues grow to be linked

May 1, 2022
Airlines relying on business travel to keep profits up

Airlines relying on business travel to keep profits up

September 6, 2022
Jennifer Garner Warns Followers In opposition to ‘Injecting Something Into Your Face’

Jennifer Garner Warns Followers In opposition to ‘Injecting Something Into Your Face’

July 29, 2022
Elon Musk plans to maneuver X, SpaceX HQs to Texas

Elon Musk plans to maneuver X, SpaceX HQs to Texas

July 16, 2024
Rihanna and A$AP Rocky Channel Old Hollywood Noir in New Short Film

Rihanna and A$AP Rocky Channel Old Hollywood Noir in New Short Film

March 1, 2024
The central bank horror story

The central bank horror story

December 25, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In