Last week, President Biden issued an executive order as part of his “Build Back Better” initiative that calls for targeting all vehicle sales to reach 50 percent electric vehicles by 2030. Specifically, setting the goal of “half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles.” The executive order also “kicks off development of long term fuel efficiency and emissions standards to save consumers money, cut pollution, boost public health, advance environmental justice, and tackle the climate crisis,” which is in keeping with a previous executive order “addressing the previous administration’s harmful r...

TAGS – Biofuels, North America