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  • ADMINISTRATION ROLLED OUT ITS

  • MOST AGGRESSIVE EFFORT YET TO

  • COMBAT CLIMATE CHANGE, WITH

  • TOUGHER EMISSIONS LIMITS FOR

  • CARS AND TRUCKS.

  • BUT A NUMBER OF CHALLENGES

  • REMAIN, INCLUDING THE COST OF

  • ELECTRIC CARS, THE BATTERIES,

  • AND HOW TO CHARGE THEM ON THE

  • ROAD.

  • WILLIAM BRANGHAM HAS OUR REPORT

  • ON THE ADMINISTRATION'S LATEST

  • MOVE.

  • WILLIAM: CLEANER CARS, CLEANER

  • AIR, AS QUICKLY AS POSSIBLE.

  • THAT'S THE STATED GOAL OF THE

  • ENVIRONMENTAL PROTECTION

  • AGENCY'S NEW PROPOSED EMISSIONS

  • STANDARDS FOR TAILPIPES.

  • IF ENACTED, THESE STANDARDS

  • COULD MEAN THAT, IN LESS THAN

  • TEN YEARS, AS MANY AS 2 OUT OF

  • EVERY 3 NEW VEHICLES SOLD IN

  • AMERICA WOULD BE ALL-ELECTRIC.

  • IT'S THE NATION'S MOST AMBITIOUS

  • EFFORT YET TO CUT THE GREENHOUSE

  • GAS EMISSIONS THAT ARE DRIVING

  • CLIMATE CHANGE.

  • THE ADMINISTRATION ARGUES THAT

  • THIS SHIFT TO ZERO EMISSION

  • VEHICLES WOULD HELP THE U.S.

  • MEET ITS PLEDGE TO CUT OVERALL

  • EMISSIONS IN HALF BY 2030.

  • EPA ADMINISTRATOR MICHAEL REGAN

  • LAID OUT THE PLAN THIS MORNING.

  • >> THIS IS HISTORIC NEWS FOR OUR

  • CHILDREN, IT'S HISTORIC NEWS FOR

  • OUR CLIMATE, IT'S HISTORIC NEWS

  • FOR OUR FUTURE.

  • WILLIAM: THE EPA LAID OUT TWO

  • SETS OF PROPOSED RULES TODAY:

  • ONE GOVERNING CARS AND LIGHT

  • TRUCKS, THE SECOND FOR HEAVIER

  • VEHICLES LIKE BUSES AND

  • TRAILER-TRUCKS.

  • IF ENACTED, THE EPA SAYS

  • EMISSIONS FROM THOSE SMALL AND

  • MEDIUM VEHICLES WOULD DROP BY 44

  • TO 56%.

  • >> AS A FATHER OF A

  • NINE-YEAR-OLD, I CAN ASSURE YOU

  • THAT THERE IS NO GREATER

  • PRIORITY FOR ME THAN PROTECTING

  • THE HEALTH AND WELL-BEING OF OUR

  • CHILDREN, AND ENSURING THAT THEY

  • HAVE A SAFE, HEALTHY AND

  • RELIABLE FUTURE.

  • WILLIAM: TRANSPORTATION IS THE

  • LARGEST SOURCE OF AMERICA'S

  • GREENHOUSE GAS EMISSIONS,

  • ACCOUNTING FOR AROUND 27% OF

  • THE U.S.'S CARBON POLLUTION.

  • SUPPORTERS SAY THIS MOVE BY THE

  • EPA IS A WELCOME ADDITION IN THE

  • FIGHT TO CURB THE WORST IMPACTS

  • OF CLIMATE CHANGE.

  • >> IT'S A DREAM COME TRUE FOR

  • THOSE OF US WHO KNOW WE NEED TO

  • DECARBONIZE OUR OUR SOCIETY AND

  • CERTAINLY OUR CARS AND TRUCKS.

  • WILLIAM: FRED KRUPP IS PRESIDENT

  • OF THE ENVIRONMENTAL DEFENSE

  • FUND.

  • >> EPA HAS THE AUTHORITY TO

  • REDUCE THE AMOUNT OF TAILPIPE

  • POLLUTION.

  • AND WHEN YOU REDUCE IT ENOUGH,

  • THE WAY TO MEET THAT IS THROUGH

  • ZERO EMITTING VEHICLES LIKE

  • ELECTRIC CARS.

  • AND THAT'S THE MECHANISM.

  • IF A COMPANY CAN DO IT WITH A

  • HYDROGEN FUEL CELL OR AN

  • ELECTRIC VEHICLE, THEY'RE

  • ALLOWED TO DO THAT.

  • BUT IN REALITY, THE ELECTRIC

  • VEHICLE IS THE ANSWER THAT NOT

  • ONLY TESLA, BUT GM, FORD,

  • STELLANTIS HAVE ALL CHOSEN AS

  • THE BEST WAY TO CLEAN UP THAT

  • TAILPIPE.

  • WILLIAM: THIS SHIFT WOULD

  • REQUIRE AUTOMAKERS TO

  • DRAMATICALLY RAMP UP PRODUCTION

  • OF ELECTRIC VEHICLES.

  • LAST YEAR, EVS WERE ROUGHLY 5.8%

  • OF NEW CARS SOLD IN THE U.S.

  • RIGHT NOW, THEY ARE ABOUT 7%.

  • BUT EPA ADMINISTRATOR REGAN SAID

  • THE INDUSTRY IS READY FOR THIS

  • SURGE.

  • >> OVER THE LAST TWO YEARS OVER

  • , $120 BILLION OF PRIVATE SECTOR

  • INVESTMENT IN ELECTRIC VEHICLES

  • AND BATTERIES.

  • I BELIEVE IT BECAUSE WHEN I LOOK

  • AT THE PROJECTIONS THAT MANY IN

  • THE AUTOMOBILE INDUSTRY HAVE

  • MADE, THIS IS THE FUTURE.

  • THE CONSUMER DEMAND IS THERE,

  • THE MARKETS ARE ENABLING IT, THE

  • TECHNOLOGIES ARE ENABLING IT.

  • WILLIAM: THE EFFORT TO

  • TRANSITION TO ELECTRIC CARS IS

  • ALREADY UNDERWAY IN THIS

  • COUNTRY.

  • AND ALMOST ALL AUTOMAKERS HAVE

  • ROLLED OUT NEW ELECTRIC MODELS,

  • WITH A FEW EVEN PLEDGING TO GO

  • FULLY CARBON NEUTRAL SOON.

  • BUT STILL, THERE ARE SOME REAL

  • CHALLENGES AHEAD ON THE ROAD TO

  • AN ALL-ELECTRIC FUTURE.

  • ONE IS ABOUT THE BATTERIES FOR

  • THESE CARS.

  • THE MINERALS CURRENTLY NEEDED

  • FOR THEM, LITHIUM, NICKEL,

  • COBALT AND OTHERS, ARE PRIMARILY

  • PRODUCED IN CHINA, AND SOME ARE

  • MINED IN DANGEROUS, INHUMANE

  • CONDITIONS IN PARTS OF AFRICA.

  • BUT THERE ARE OTHER ISSUES.

  • JOHN BOZZELLA IS THE PRESIDENT

  • OF THE ALLIANCE FOR AUTOMOTIVE

  • INNOVATION, WHICH REPRESENTS

  • CARMAKERS.

  • >> WHEN YOU TALK TO CONSUMERS,

  • WHAT YOU OFTEN HEAR IS HOW FAR

  • WILL THIS GO ON A CHARGE AND

  • WHERE CAN I CHARGE IT?

  • AND SO THAT RAISES TWO IMMEDIATE

  • QUESTIONS.

  • DO WE HAVE SUFFICIENT CHARGING

  • INFRASTRUCTURE?

  • ARE THERE HIGH SPEED CHARGERS

  • AVAILABLE ON INTERSTATES BETWEEN

  • METROPOLITAN AREAS SO THAT IT

  • CAN TAKE A LONGER TRIP AS

  • OPPOSED TO JUST MOVING THREE OR

  • FOUR MILES AROUND MY MY

  • HOMETOWN?

  • WILLIAM: THERE ARE ROUGHLY

  • 53,000 CHARGING STATIONS

  • CURRENTLY IN THE U.S., COMPARED

  • TO TRIPLE THAT NUMBER OF GAS

  • STATIONS.

  • PRESIDENT BIDEN HAS PLEDGED

  • CONSTRUCTION OF NEW CHARGING

  • 500,000 STATIONS NATIONWIDE BY

  • 2030, AND SET ASIDE 7.5 BILLION

  • IN THE 2021 INFRASTRUCTURE LAW

  • TO PAY FOR IT.

  • >> CHARGING STATIONS ARE

  • BECOMING INCREASINGLY

  • UBIQUITOUS.

  • IN THE LAST FEW DAYS, 7-ELEVEN

  • ANNOUNCED THAT THEY WILL HAVE

  • CHARGING STATIONS AT ALL THEIR

  • LOCATIONS.

  • YOU'LL BE ABLE TO DRINK A

  • SLURPEE WHILE YOU'RE CHARGING

  • YOUR CAR.

  • AND WALMART, WHICH ALREADY HAS

  • 1300 CHARGING STATIONS, HAS

  • ANNOUNCED THEY'RE GOING TO BUILD

  • THOUSANDS MORE AT EVERY SINGLE

  • WALMART AND SAM'S CLUB.

  • WILLIAM: ANOTHER IMPEDIMENT IS

  • COST. THE CURRENT AVERAGE EV

  • COSTS ABOUT $65,000, ROUGHLY

  • $17,000 MORE THAN THE AVERAGE

  • GAS POWERED CAR.

  • EVEN WITH THE FEDERAL TAX CREDIT

  • OF $7,500, WHICH NOT ALL EV'S

  • QUALIFY FOR, PLUS THE

  • LONGER-TERM SAVINGS OF NEVER

  • HAVING TO BUY GAS, THAT INITIAL

  • STICKER SHOCK HAS KEPT SOME

  • BUYERS AWAY.

  • >> RIGHT NOW THE AVERAGE

  • TRANSACTION PRICE OF AN ELECTRIC

  • VEHICLES IS IS SUBSTANTIALLY

  • HIGHER THAN THE AVERAGE

  • TRANSACTION PRICE OF AN INTERNAL

  • COMBUSTION ENGINE VEHICLE.

  • WILL THAT CHANGE OVER TIME?

  • OF COURSE IT WILL.

  • WILLIAM: BECAUSE THESE EPA RULES

  • ARE AN EXPANSION OF EXISTING

  • STATUTES, IT'S LIKELY THEY'LL BE

  • CHALLENGED IN THE COURTS.

  • FOR "THE PBS NEWSHOUR," I'M

  • WILLIAM BRANGHAM.

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