TrueValueMetrics ... Impact Accounting for the 21st Century

Date: 2025-03-14 Page is: DBtxt003.php txt00027017

BIDEN ADMINISTRATION PETE BUTTIGIEG ... SECRETARY OF TRANSPORT Brian Tyler Cohen: Republican challenges Pete Buttigieg at hearing… fails MISERABLY PLAY YOUTUBE VIDEO Original article: https://www.youtube.com/watch?v=IQ5SMO8567s Peter Burgess COMMENTARY Peter Burgess
Republican challenges Pete Buttigieg at hearing… fails MISERABLY Brian Tyler Cohen 2.82M subscribers Jun 27, 2024 Order my new book SHAMELESS: https://www.harpercollins.com/pages/s... Subscribe for more and follow me here: YouTube (español): https://www.youtube.com/@briantylerco... Apple Podcasts: https://apple.co/36UvEHs Spotify: https://open.spotify.com/show/0066rKC... Twitter: https://twitter.com/briantylercohen Instagram: https://www.instagram.com/briantylerc... Facebook: https://www.facebook.com/briantylercohen Patreon: https://www.patreon.com/briantylercohen Newsletter: https://www.briantylercohen.com/sign-up/ TikTok: https://www.tiktok.com/@briantylercohen Suit by JB Clothiers: https://jbclothiers.com/btc Transcript 0:00 now recognizing that attempts to bribe the industry and the public into V EV adoption have literally failed at this point continue mandating Cafe standards EPA tail pipe standards that are de facto EV mandates and ideological allies in 12 states are seeking to ban the sale of non-ev cars now we can talk about the proper role of government that that' be a great conversation because I don't think that we H have the authority or should have the authority to to to limit what consumers can buy in this regard or what they can own but clearly Mr secretary this isn't working so I'm wondering is there some point and if you've identified some point where you will stop where the administration will stop where the federal government will stop this requirement and let the market decide as opposed to the central planning model and this dictatorial 1:02 policy well thank you uh given time is limited I will confine myself to addressing the factually incorrect portions of what you have said beginning with the assertion that EV sales are going down they are in fact going up does that include the government sales or Private Sales every single year Private Sales purch secretary the entire Market government's forced to buy them so sales are going up but the private sector Private Sales too yeah I I'd like those numbers sure uh 1.2 million EVS were sold in the US in 202 how how many how many government how many private we'll get you that breakout but as you know more private citizens buy EVS than uh government purchases let me address the second factual mistake in your remarks which was that EV Coster are getting higher they're in fact getting lower and according to JD Power have now reached parity or are slightly lower than that do yeah that does include the subsidy that's right but the point is they are going lower 2:00 all statement that they going up is incorrect the third incorrect assertion you made is that sales dropped in q1 they did not drop compared to q1 of the previous year of course if you compare them to Q4 they drop because they always do because car sales are seasonal but I I would imagine most people are aware of that and I'm talking about EV Q4 to q1 EV not just overall Car Sales any car sales go down q1 to Q4 because more people buy cars in Q4 but what I'm telling you is every single year more Americans buy EVS than the year before and the word Tail Spin is just a bizarre word to use for a growing sector of our economy we also think that since that's the way that the market is headed we should not allow China to build on the advantage that they developed during the Trump Administration not because they're environmentalists but because they understand the economic power of trying to dominate the EV Market we want those EVS to be made in America and increasingly they are I'm happy to have them made in America Mr secretary what I'm not happy about is the Mandate America the American people should be 3:01 able to buy that brings me to the fourth and final thing that I need to challenge is being factually inaccurate which there is there is no mandate you can purchase a gas car if you want to pay uh uh gas prices at the pump but if you don't you can purchase an EV with our 3:14 help this is Pete Budaj reminding 3:17 Republican Congressman Scott Perry 3:18 exactly what happens when you spout 3:20 right-wing talking points not just at 3:21 Maria bomo but at someone who actually 3:24 knows what he's talking about here Perry 3:26 takes up his party's mantle of doing the 3:27 oil and gas Industries bidding by 3:29 fearmongering about EVS you'll notice 3:32 the Perry lies about EV costs claiming 3:34 that they're more expensive for 3:35 consumers when in fact the polar 3:37 opposite is true EES now cost as much as 3:40 or less than regular gas powered 3:42 vehicles in the United States and so 3:44 given this new information Perry of 3:46 course moved the goalpost again claiming 3:48 that okay well that doesn't count 3:50 because they're subsidized first of all 3:52 yes they're subsidized but it does count 3:54 because Americans are literally paying 3:55 less if you're paying $5,000 less for an 3:58 EV than a gas powered vehicle consumers 4:00 aren't thinking to themselves sure I'm paying 5,000 less but that's only thanks to a subsidy they're thinking this costs $5,000 less but perhaps the most important part and I'm actually glad that Scott Perry is trying to qualify the cost of EVS by pointing to Federal 4:13 subsidies because if his goal is to 4:16 carry water for gas powered vehicles he 4:18 should probably answer for the fact that 4:20 the US subsidizes fossil fuel companies 4:22 to the tune of 20 billion per year as 4:25 for EVS according to the treasury 4:27 consumers have saved more than $1 4:29 billion in upfront cost on their 4:30 purchase of more than 150,000 clean 4:33 vehicles since January 1st 2024 this 4:35 Milestone translates to Consumers saving 4:38 1,750 annually on average on fuel and 4:41 maintenance cost or $221,000 of 4:43 discounted savings over the typical 4:44 15-year LIF span of a vehicle compared 4:47 to a comparable gasoline vehicle for the 4:49 more than 150,000 vehicle sales that 4:51 have used The Upfront discount to date 4:53 this equates to around $262 million 4:55 annually on fuel and maintenance costs 4:57 and up to $3.2 billion in cost over the 5:00 life of the vehicle so roughly $1 billion in subsidies for the first half of this year if we extrapolate that out to $2 billion for the whole year it still reaches just 10% of what we spent on fossil fuel subsidies this year so according to Perry us taxpayers shelling out $20 billion per year to the 5:17 multi-billion dollar corporations who 5:19 pollute our environment is no big deal 5:21 totally fine a okay but the relatively 5:24 tiny subsidies for EVS are somehow 5:27 disqualifying please someone make it 5:30 make sense and then there's the question 5:31 of people actually buying EVS 5:33 Republicans are desperate to create this 5:35 narrative that EV sales are lagging and 5:37 that Americans are sprinting back to 5:39 embrace gas powered vehicles and the 5:41 goal is to create the Optics of 5:43 unpopularity for EVS which will of 5:44 course reown to the benefit of oil and 5:46 gas companies who donate to the 5:48 Republicans campaigns which we'll get to 5:49 in a moment only small problem here 5:52 there aren't fewer Americans buying EVS 5:54 there are more the share of EVS sold 5:56 relative to gas powerered cars is 5:58 surging Electric Vehicles accounted for 6:00 8% of all new light duty vehicle sales in the US in 2023 up from about 6% in 2022 and that number will continue to rise in 2024 by the first three quarters of 2023 the US had already sold more EVS than in all of 2022 and if you look at 6:15 States like California already a third 6:17 of new vehicle sales are electric all of 6:19 this brings us one step closer to ending 6:21 our alliance on fossil fuels and the 6:23 countries that Supply them which of 6:25 course is exactly what Republicans are 6:26 trying to prevent but here's what I 6:28 don't understand Fox and Republicans and 6:30 the rest of the right-wing media 6:31 ecosystem get their rocks off by 6:34 fear-mongering about China on a daily 6:36 basis and yet knowing that EVS are the 6:38 future in the same way that we knew 6:40 beepers and fax machines and landlines 6:42 were all obsolete when given the chance 6:44 to either own the future with EVS or 6:46 seed it all to China the right is 6:48 perfectly content to do the latter they 6:50 claim that they don't want China to 6:52 dominate us but they're handing them the 6:53 entire Transportation sector in other 6:56 words they talk a big game but at the 6:58 end of the day there is no bigger Ally 7:00 to China's hope for dominance in the world than today's Republican party and that's a point that Pete Budaj brought up to me as well in a recent interview the other thing that's really big here is jobs I come from the industrial Midwest I know how uh helpful it can be 7:13 to have auto manufacturing in your uh in 7:16 your region and I know how uh how 7:18 terrible it can be if uh if your region 7:21 loses out and that's what happened in my 7:22 hometown of South Bend when stud Baker 7:24 closed we have got to make sure that the 7:27 next generation of cars which will 7:29 largely de electric are made in the US 7:32 under President Trump frankly they 7:34 allowed China to get the advantage on 7:37 EVS we're taking that Advantage back to 7:40 America for American workers and 7:41 American consumers doubling down on that 7:43 work and we're excited to see that 7:45 continue to develop especially because 7:47 I've seen the factories and the jobs 7:49 that's going to create and of course the 7:51 reason why Republicans are so weak on 7:53 this issue is simple they are owned by 7:55 the oil and gas companies they are so 7:57 desperate for their donations that will 7:59 do their bidding even if doing so 8:01 completely undermines their supposed opposition to Chinese dominance in the world and so what we're left with is an effort by those at the top who want money to spout this narrative that climate change isn't real and that fossil fuels are fine and that any 8:13 effort to transition to clean energy is 8:15 a leftist plot to ruin your life and end 8:17 this country but let's be real these 8:19 people aren't dumb they're Liars sure 8:21 but they're not dumb they can see the 8:23 impacts of climate change they can see 8:25 the record heat the record wildfires the 8:27 record hurricanes the record droughts 8:29 but Republicans collectively have 8:31 received over $310 million in total from 8:34 oil and gas companies who stand to 8:36 benefit from in trenching the status quo 8:39 when we switch from oil and gas to 8:40 Renewables and clean energy who do you 8:42 think that impacts the exons and BPS of 8:44 the world but those companies know that 8:46 all it takes for some bad faith climate 8:48 denialism is a few thousand doll to some 8:50 spineless Republican politicians and 8:52 Democratic politicians In fairness 8:54 although not even close to the sh 8:56 quantity of those on the right and then 8:58 those people will come out and pretend 8:59 that a once in a-lifetime once in a 9:01 century storm is just called Autumn in fact if you want to know exactly why Scott Perry himself is fighting this fight all you have to do is look at how much he was paid by oil and gas companies over $28,000 he is bought and sold this is what it looks like when an industry owns a person this is why the Scott perries 9:19 of the world pedal this pathetic 9:21 Shameless embarrassing to the 9:23 entire country this is why he'll sell 9:25 out the planet that his own kids and 9:26 grandkids are going to inherit when 9:28 Republicans call themselves conservative 9:30 the only thing they're conserving is 9:31 their own bank accounts and yet while 9:33 Republicans are pandering to the world's 9:35 worst polluters for a few bucks look 9:37 what this White House is done to lead us 9:38 into the 21st century ground is broken 9:40 on the nation's first High-Speed Rail 9:42 which will travel from Southern 9:43 California to Las Vegas cutting the trip 9:45 in half from 4 hours to 2 hours the 9:47 Project's expected to be completed in 9:49 time for LA to host the 2028 Olympics 9:51 it'll also bring the US in line with the 9:52 number of other industrialized countries 9:54 all of which boast Lightning Fast 9:56 highspeed rail the White House also made 9:58 good on another camp caign promise and 10:00 launch the climate Corp a new federal program that looks to employ hundreds of thousands of Young Americans in the clean energy conservation and climate resilient sectors in fact the White House just announced the addition of a staggering 300,000 clean energy jobs to 10:13 put that into perspective Biden has 10:15 created more jobs in just clean energy 10:17 alone than Donald Trump did during his 10:19 entire presidency from EVS to highspeed 10:21 rail to protections for consumers this 10:23 Administration is making good on its 10:25 promises not only to bring bring the us 10:27 into the 21st century but to create jobs 10:29 and economic growth while doing it that 10:31 is what it looks like when a political 10:32 party values Innovation jobs and our 10:34 future as opposed to donations from oil 10:37 and gas companies seeking to entrench 10:38 our Reliance on expensive and outdated 10:40 forms of energy and finally as far as 10:42 the implications of Republicans actions 10:44 frankly I really don't give a if I 10:46 sound alarmist but vast swats of this 10:48 planet will be and already are becoming 10:50 uninhabitable because of the impacts of 10:52 climate change scientists know this 10:54 young people know this and everyone else 10:56 willing to acknowledge objective reality 10:57 knows this the GOP the media can both 11:00 size this issue into Oblivion but the debate is over this Administration and today's Democratic party understand that and they are working to fix it the danger in allowing Republicans to take power cannot be overstated we have an Ever shrinking window where we can actually save this planet we are currently taking the most aggressive action that's ever been taken but that will end the moment Republicans have the ability to do so if you're a republican voter think about that if you're a non-voter think about that if you have kids and want to make their life easy and enjoyable for the rest of their lives think about that this issue should transcend politics it is existential for us as humans who share this planet but the fact that Republican politicians will gladly politicize it for just a few bucks from oil and gas companies should be all the proof you need that their priority isn't us it is their jobs and their own grip on power I've got a really exciting announcement I've written a book it's called Shameless this book explores how Republicans have exploited their historical branding while attacking our democracy how the media has proven itself a willful participant and how Democrats can learn from this to 12:00 rebalance the political scales and save our democracy it has been a lifelong dream of mine to write my own book and so I'd like to ask you to pre-order it by clicking the link right here on the screen and if you buy within this pre-order period your book is going to come with a signed name plate as you know I've never had a single sponsor on my channel I don't ask for money or anything like that but if you're looking for a way to support me this is hands down the best way to do it so again follow the link right here on the screen and thank you from the bottom of my heart for pre-ordering Shameless and as always make sure to subscribe to see more of my content

SITE COUNT