Hot Air

Ford Sounds Retreat on EVs, Writes Off $1.9 Billion – HotAir

How it started, and continues in Chicago:

Rep. Ro Khanna (D., Calif.) declared that the Green New Deal “will be the vision under President Harris” in his remarks at the Democratic National Convention. …

“All the Green New Deal says is we’re going to build new industry—new steel, new aluminum, new iron—new industry in America,” said Khanna. “We’re going to create new jobs in the places that were deindustrialized, and it’s going to be good for the climate, and it’s going to have less carbon footprint.”

“That will be the vision under President Harris,” he added. “No fossil fuel subsidies, a holding accountable of Big Oil, and a reindustrialization of this country that’s going to make America lead as a climate champion in the world.”

How it’s actually going, in Detroit:

Ford Motor is canceling plans for a large electric sport-utility vehicle and expects to take $1.9 billion in…

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