Largest US oil trade group sues to block Biden's EV push
Last edited Thu Jun 13, 2024, 11:40 AM - Edit history (1)
Source: Reuters
June 13, 2024 10:43 AM EDT Updated 24 min ago
June 13 (Reuters) - The nation's largest oil trade group, which includes Exxon Mobil (XOM.N) and Chevron (CVX.N), filed a federal lawsuit on Thursday seeking to block the Biden administration's efforts to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing.
The U.S. Environmental Protection Agency issued new tailpipe emission rules in March that will force automakers to produce and sell more electric vehicles to meet the new standards. Under the rule, the administration projects up to 56% of all car sales will be electric between 2030 and 2032. The American Petroleum Institute (API) says the EPA has exceeded its congressional authority with a regulation that will eliminate most new gas cars and traditional hybrids from the U.S. market in less than a decade.
Today, we are taking action to protect American consumers, U.S. manufacturing workers and our nations hard-won energy security from this intrusive government mandate, API Senior Vice President and General Counsel Ryan Meyers said. The lawsuit was filed on Thursday in the D.C. Circuit Court of Appeals. The EPA declined to comment, citing a policy against talking publicly about pending litigation.
The National Corn Growers Association and the American Farm Bureau Federation will join API as co-petitioners, along with six auto dealers representing 16 brands and collectively operating dozens of dealerships across the country. The two farm groups rely on gas-powered cars to support the corn-ethanol industry.
Read more: https://www.reuters.com/legal/largest-us-oil-trade-group-sue-block-bidens-ev-push-2024-06-13/
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bucolic_frolic
(44,211 posts)It's a good thing I'm not a judge, let me tell ya. Heads would explode.
cstanleytech
(26,502 posts)atreides1
(16,175 posts)How do they " protect American consumers", again?
The only interest they have in the American consumer, is how much they can get out of our wallets, and how much they can poison the air and water!
The Unmitigated Gall
(3,945 posts)I'll be buying a plug-in hybrid and saying goodbye to my 24 year-old V8 Jaguar. I can't wait. Every time I fill that beautiful car up with premium (required) I can hear the laughter in oil company boardrooms around the world.
FakeNoose
(33,616 posts)They'd still be in business today if they'd gone to court and sued the early automakers.
Arne
(2,731 posts)FakeNoose
(33,616 posts)![](/emoticons/rofl.gif)
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coprolite
(220 posts)Of Federal subsidies that the oil companies have been given through federal actions over the extended period of petroleum exploration, drilling, recovery, refining and transporting.
It should include federal and state monies to clean up railroad fuel spills, barge leaks on America's waterways, pipeline leaks, leaking underground storage tanks at old gas stations, refinery spills from hurricanes, contaminated groundwater, the future cost to clean up abandoned wells.
Probatim
(2,656 posts)I'm probably talking out of my ass, but charter schools have sued to prevent the public from knowing how well their students perform relative to public school students and the for-profit prison industry has fought against similar rules.
It would seem reasonable API has done the same.
pandr32
(11,755 posts)The only thing you bandits care about protecting is your own profiteering.
moonshinegnomie
(2,611 posts)and when they sell leases for oil and gas they us should demand a royalty of 50% for every barrel extracted. as far as the farm group involved stop all crop subsidies for corn