The United Kingdom’s Climate Change Committee (CCC) is rapidly moving to eliminate useless carbon from the environment by targeting citizens. The agency said that achieving Net Zero will require “behavioral changes” from the people that include curtailing every aspect of life from diet to transportation. But don’t worry, the agency claims the “people seem willing […]

I explained how the private sector does not wish to switch to EVs amid high production costs and low demand. A recent Gallup Poll found that Americans do not want to own an EV, and the plans to eliminate fossil fuels do not align with the wishes of the people. Around 7% of respondents, up […]

Martin Armstrong: (8:38) Gold, European Banks, Real Estate, EVs, Marxism

Governments worldwide are pushing for clean energy without a reliable alternative. Electric vehicles (EVs) are sitting stagnant on lots as the demand is simply not there for a variety of obvious reasons. Over 3,000 auto dealers from all 50 states penned a letter to President Joe Biden, explaining that his target of forcing 50% of […]

The Environmental Protection Agency (EPA) is targeting gas vehicles in an attempt to reduce emissions. Their goal is to reduce carbon emissions by 10 billion tons before 2055 to “protect public health.” In turn, 67% of new personal vehicles will be electric by 2032. The average price of an electric vehicle (EV) is $64,338 and […]

As gas prices soar, the plan to switch to electric vehicles (EVs) seems more appealing to the average consumer which is the secret behind the curtain to make gasoline too expensive to use. The US will now require auto manufacturers to meet a fleetwide average of 55 miles per gallon (mpg) by 2026, which is […]

COMMENT: OK. I do not know how Socrates does it, but you said at the WEC that Trump’s term would be divided in half. You saw it working first and then encountered real trouble in the second half. You even hinted that he might not finish the term. Do you have any updates on that […]

China’s BYD beat out Tesla for the first time this April to become the top EV vehicle brand sold in Europe. BYD only outpaced Tesla by 100 vehicles, but the 7,231 cars that made their way to Europe show that tariffs are not deterring European consumer demand. Sales for BYD’s battery-powered vehicles soared 170% overall […]

China is the world’s largest car producer and exporter. A little-known fact is that China first became the world’s largest car exporter back in 2023, with low-cost EV companies BYD and Chery in the spotlight. The nation’s auto sector has been steadily expanding since then, with Chinese brands reaching an all-time high of 69.4% of […]

Treasury Secretary Scott Bessent continually denies that tariffs will become a tax on consumers. When asked if the Trump administration was comfortable with the rising cost of goods, Bessent declared, “the American dream is not ‘let them eat flat screens.’” “Not at all,” Bessent replied. “What I’m saying is the American dream is not ‘let […]