(TheConservativeNews.org) – On Wednesday, the president flew the gas-guzzling Air Force 1 to Michigan for a tour of the 2022 North American International Auto Show at Huntington Place Convention Center in Detroit, Michigan. The field trip was billed as an effort to promote electric vehicles. Once there, Biden promptly hopped into a brand new Chevy Corvette Z06.
The Z06 is not an electric vehicle, but the president couldn’t help but express his gratitude for that all-American beauty.
Right after revving the engine, the president remarked that he was going to drive the car home.
While Biden might want to take home that car, he is supposed to be encouraging Americans to take home electric vehicles.
Under Biden’s Inflation Reduction Act, Americans will be granted a $7,500 rebate starting in 2024 if they purchase electric vehicles that meet certain requirements and are assembled in the United States. According to Bloomberg, the “legislation knocked out about 70%” of the 72 models of electric vehicles that previously qualified for tax credits. As a result, fewer than 12 of the cars on display at Detroit’s auto show qualify for the tax credit.
companies like Ford and General Motors have already offset any potential “savings” by raising the price of some of their most anticipated electric vehicles.
Citing “significant material cost increases and other factors,” Ford revealed price hikes between $6,000 and $8,500 for its electric vehicles in August. The F-150 Lightning Pro will now sell for $46,974. Last year, that same car cost just $39,947 charged for last year’s model. GM also increased the cost of its electric Hummer by $6,250 in June.
The tax credits are meant to help Americans combat climate change while choosing a supposedly greener option. Similarly, the Biden administration has also touted tax credits for things like installing energy-efficient windows.
“First of all, immediately, people will be able to lower the fuel costs in their homes,” Energy Secretary Jennifer Granholm said in August. “There’s a 30% tax credit that you can claim in 2022 for installing energy-efficient windows, heat pumps, energy-efficient appliances. That is right away.”
“And, on top of that of course, if citizens want to install solar panels on their roofs so that they can generate their own power, that’s another 30% tax credit,” Granholm added. “And of course, there is the tax credits at the dealership for the automotive sector for electric vehicles and if you install an electric vehicle charging station in your home, you can also get a tax credit.”
In other words, you need to spend tens of thousands of dollars in order to take advantage of any of the tax credits offered. If that sounds appealing to you, perhaps you can find one of the tens of cars that meet the standards for the tax credit.
The president seems to think doing so would be a smart choice. His statement’s Wednesday make it evident that his heart remains with fossil fuels.
In Detroit, the president tried out electrical vehicles like the Cadillac Lyriq all-electric SUV. He drove one down the arena’s blue carpet, and jokingly said to reporters, “Jump in, I’ll give you a ride to Washington.”
“It’s a beautiful car,” he proclaimed. “But I like the Corvette,” he added in reference to the non-electric vehicle.
During his speech, Biden was back on script, promoting a future of electric vehicles fueled by heavy government subsidies for batteries and electric charging systems as well as tax credits for the purchase of electric vehicles.
But he warned that workers would soon have to retrain in order to build what he called “the electric vehicle revolution.”
“Just like they used to be building carburetors, you’re not going to be doing that much anymore with electric vehicles,” he said. “But we’re going to have to build an awful lot of vehicle batteries.”
Biden also boasted of billions of dollars of investments into 500,000 charging stations around the country to flip transportation to electric cars.
“The great American road trip is going to be electrified,” he boasted.