With the continued talk of rising energy prices, it is important to look at the role that mandate and bans are playing and how they will continue to make the problem worse. Specificlly in this email we will focus on gas car ban that is coming.

Since there is no new EMP update, we are left to go off of the 2019 version, which says we are still going to 100% by “electrifying the transportation sector” and attempts explain the beenfits:

Let’s look at some of the headlines from just the recent months regarding how the car companies themselves are cutting back on EV options which will make it more difficult to consumers to make the switch even if they want to:

• Ford slows EV plans delaying pickup and axing three-row SUV to cut costs
• Honda to scale back on electric vehicles, focus on hybrids
• Toyota cuts 2026 global EV outlook plans by a third, Nikkei reports
• GM Slow Rolls EV Expectations

So if you are following along at home, that means there will be much less inventory for people who are being forced to buy even if they don’t want. Sounds like a problem. The publication Wired talked about why these moves would happen, because they are not inconsequential long term decisions:

And that’s not all. In order to move the current vehicles that people aren’t buying, dealers are actively reminding consumers that come the end of September, the federal EV tax credit ends making all EV’s that much more expensive for everyone:

Despite all of these changing economic conditions, disappearing incentives and federal policy changes, we still don’t have a public update to our energy master plan. We also still don’t have any action to change these burdens that are being placed on consumers. I

Instead, New Jersey has continued to forge ahead with the same mandates and bans that are already putting a strain on consumers as if nothing is different. They’re just hoping people won’t notice, which is actulaly pretty insulting. And they’re doing it at the peril of their own residents and ratepayers.