Telegraph Piece: Biden’s mad green energy and electric vehicle plans are falling apart

The Biden administration have invested vast sums to facilitate the green energy transition CREDIT: Kevin Lamarque /Reuters

[Note: This story is also published at The Telegraph]

Beset by a United Auto Workers (UAW) strike that threatens to expand in the coming days, the US auto industry finds itself in a crisis – much of it dictated by the policies of the Biden administration.

The Ford Motor Company CEO Jim Farley admitted the industry’s conundrum in considering the union’s demands when asked by reporters last week.

“There’s a fine line here that we won’t go past, which is we want everyone to participate in our success,” Farley said, as quoted by Fox Business. “But if it prevents us from investing in this transition to EVs and in future products like the ones we have now, like the new F-150, best-selling vehicle in the world – in the US, then everyone’s job is at risk if we don’t invest.”