Despite protests from just about everyone except the mouth-foaming environmentalists, California is likely to get the EPA's approval to ban diesel trucks.
It's yet another example of rushing headlong into unproven tech with no real plan in place.
The law is divided into three parts:
- Automakers must exclusively sell electric trucks by 2045.
- Any diesel trucks from the 2024 model year on must be fitted with emission monitors.
- Truckers are required to maintain these emission monitors for the life of the vehicle.
In short, it means the California trucking industry is about to get a major green tax.
Every product that travels by road will soon be riding in a brand-new electric truck. Drivers are already gearing up for lawsuits against what many say is an unfair attack on their livelihood.
And if you've been following the development of electric trucks, you'll know just how shortsighted this plan is.
Goodbye, China!
This is huge news.
The chipmaking industry is FINALLY coming back to America!
President Biden just gave one tiny company $322 million to produce an abundance of ONE crucial material that semiconductors need...
And it will not only mark the end of China's dominance over raw materials...
It's set to kick off a new wave of fortunes for early investors too.
There are only a few thousand electric semi trucks on the road today. They typically have a quarter of the range of similar-sized diesel trucks, very few places to recharge, and cost significantly more.
It's going to take a huge amount of development and infrastructure upgrades to make this transition work. In the meantime, anyone who relies on the shipping industry (meaning EVERYONE) will suffer the immediate consequences.
And California won't be the only state to roll out a diesel ban. New York, New Jersey, Vermont, Oregon, Washington state, and Massachusetts are expected to follow suit very soon.
And the fallout won't be contained inside each state. Less demand for diesel means less refining and lower supply. Those that can't afford a fancy new electric truck will be stuck paying higher prices — and passing them on to customers.
I'm all for progress, but haven't we seen how this story goes?
I think what irks me the most is how the regulations blindly prioritize electric trucks when there are better options.
Are You Sick of Market Crashes Gutting Your Retirement Account?
There's a way to flip the market carnage into a legal fortune…
Without shorting a single stock…
And without touching options, cryptos, or "meme" stocks.
This radical "blueprint'' could help anyone turn $500 into $1.2 million in under a year.
For more details, go here now.
We're currently watching one particular option enter a new renaissance, and it's much closer to being ready than a fleet of electric semi trucks.
This fuel itself isn't new, but researchers are finally breaking their silence on a newly discovered production method.
This incredible machine uses renewable energy to create clean-burning, powerful fuel from nothing but the chemicals in the air.
And it's not just a small-scale experiment trapped in a lab somewhere. This machine is currently being made by a tiny public company trading for under $1.
It just might be the most undervalued stock play I've seen in my life.
I've been watching the news, waiting for the moment the media figure out about this and cause the company's price to shoot through the roof. So far, the company is still in stealth mode.
All the details are hosted on our secure site. Learn how to access the ticker symbols, buy/sell targets, and a complete guide to investing in the green fuel of the future.
To your wealth,
Luke Sweeney
Contributor, Energy and Capital
Check us out on YouTube!
Every Major Tech Firm
Is Going ALL-IN on AI
A revolutionary AI breakthrough known as ChatGPT racked up over a MILLION users in just five days...
And now the internet industry is in a tizzy.
"Everybody is agitated," said Erik Brynjolfsson, an economist at Stanford's Institute for Human-Centered Artificial Intelligence. "There's a lot of value to be won or lost."
But Google, perhaps more than any other company, has the most to lose... because ChatGPT makes Google's search engine look archaic.
That means AI could dethrone Google as the world's No. 1 search engine!
But it's not just Google that's smelling blood in the water.
This disruptive innovation has the ENTIRE tech world on edge...
"They are realizing that in a few years, most of the spending will be on AI, so it is important for them to make big bets," said Clement Delangue, head of the AI company Hugging Face.
Every major tech firm is going ALL-IN on AI — racing to integrate it into their models.
But only ONE tiny company has the critical hardware these tech giants need to fully integrate this new technology...
And it has the potential to hand early investors a massive 12,280% windfall in the process.
No comments:
Post a Comment
Keep a civil tongue.