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Banning Gas-Powered Cars Can't Happen Soon Enough

From bnnbloomberg.ca

Banning dealers from selling anything but zero-emission cars from 2035, as California Governor Gavin Newsom decreed this week, sounds pretty radical on first hearing. Electric vehicles are still a relatively niche pursuit. Charging them up isn’t always straightforward — especially if you live in an apartment — and battery-powered cars tend to cost more than gasoline-powered equivalents (although that won’t be the case for much longer). Predictably, the Trump administration attacked Newsom’s executive order and the fossil fuel industry is also unhappy. However, in view of the seriousness of the climate emergency — ... (full story)

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  • Category: Fundamental Analysis