In 2024, President Biden said he wanted 56% of all new cars sold in the United States to be electric vehicles by 2032. California Governor Gavin Newsom similarly mandated that 35% of new 2026 model cars sold in the state be zero-emissions vehicles, rising to 68% in 2030 and 100% in 2035. The European Union announced in 2023 that, from 2035 onward, all new cars coming onto the market could not emit any CO2. The United Kingdom similarly announced a 2030 ban on the sale of new diesel and petrol cars. The reaction from the U.S. auto industry was blunt....