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‘We Will Be Relentless’: One. Simple. Trick … And Corporations Scramble To Kill ‘Divisive’ Diversity Policies

Robby Starbuck has been collecting scalps.

First came Tractor Supply Co. Then John Deere. Most recently, Coors scrapped their participation in the Human Rights Campaign’s (HRC) Corporate Equity Index, a social credit score-style running tally of diversity, equity and inclusion (DEI) marks for publicly traded companies.

The corporations all dropped their participation in HRC’s index after Starbuck simply started highlighting them in public, amplifying complaints from internal whistleblowers to his massive X (formerly Twitter) following.

Harley Davidson, FordLowe’s and the parent company of Jack Daniels have all joined the ranks of companies that ended their participation in the index and committed to backtracking on woke corporate policies like deploying racial quotas, segregating employees into resource groups based on race and sexuality and celebrating pride events.

Each company announced the policy shift after Starbuck merely shined a spotlight on their practices.

“We’ve shown our teeth here. We’ve shown what we’re capable of. We’ve shown that we will be relentless when a company does not do the right thing, and that we will not stop, will not back down,” Starbuck, a conservative activist who focuses mostly on issues of family, told the Daily Caller.

The First Domino To Fall

Tractor Supply Co. was Starbuck’s first target after an internal whistleblower tipped him off to some of their HRC-compliant policies like providing LGBT and intersectionality training and sponsoring a “family friendly” drag show.

“I didn’t believe it until we vetted the information,” Starbuck told the Caller. “I go to Tractor Supply … I took my kids there every week,” Starbuck said.

But upon review, Starbuck found that the Brentwood, Tennessee-based farm supply company was engaged in things like selling the Queer Agenda card game on their website.

Starbuck released a seven-minute video detailing the company’s comprehensive compliance with the HRC’s index and their CEO Hal Lawton’s support for progressive causes in early June.

WATCH: ‘We Will Be Relentless’: Corporations Scramble To Kill ‘Divisive’ Diversity Policies

He included contact information for the company in the video. What happened next, he told the Caller, was the result of a grassroots campaign of thousands of the company’s customers calling and placing pressure on the company to drop their policies.

Three weeks after his video, Tractor Supply Co. released a statement detailing policy changes that included ending their submission of data to the Human Rights Campaign, eliminating DEI roles and DEI goals and a withdrawal of their carbon emission goals.

“This monumental change is thanks to all of you who supported my work exposing this, to the whistleblowers in Tractor Supply and my fellow farm owners who respectfully spoke up,” Starbuck wrote on X.

Others took notice. “Robbie Starbuck is a hero. He’s a one-man band,” Monica Crowley, a former Assistant Secretary for Public Affairs for the U.S. Treasury Department under President Trump, told the Caller.

“It’s perfectly within the American consumers’ right to understand and decide for themselves whether or not they want to support those companies with their hard earned disposable income,” Crowley said.

Starbuck replicated this model for other companies, continuing to use social media — X in particular — to highlight companies with a largely conservative consumer base for their woke policies.

“When I recognized that a company that depended on conservative consumers had fallen for this woke nonsense, I said they’re probably not the only one.”

Social Credit Scores For Business

The companies all announced they would stop sending data to the HRC, which had previously given many of them high scores on its Corporate Equality Index (CEI).

The CEI is a social credit score-like rating system that awards businesses up to 100 points on a scale that includes criteria like “nondiscrimination policies,” “equitable benefits for LGBTQ+ workers” and “supporting an inclusive culture,” according to their website.

The seemingly innocuous language stands in front of policies that, upon closer inspection, represent explicitly discriminatory policies like requiring companies to buy from suppliers with specific same sex preferences.

“82 percent of rated employers in this year’s CEI have supplier mandates with respect to non-discrimination in place, and 98 percent of these mandates (1105 of 1131 companies) explicitly include sexual orientation and gender identity alongside other named categories,” the HRC touts on its website.

The index also encourages businesses to “provide education, training, and accountability measures on diversity and inclusion in the workplace.” The index specifically mentions the formation of LGBT employee resource groups and “diversity councils.”

“When a company offers ’employee resource groups’ to support workers of certain skin colors or ethnicities, it’s also unwittingly supporting a form of segregation by separating employees based on their immutable characteristics,” Monica Harris, the Executive Director at the Foundation Against Intolerance & Racism (FAIR), told the Daily Caller. “When employers separate people who are supposed to work together, it’s not inclusive; it’s divisive,” she said.

Before breaking with the HRC, some of the businesses courted high scores on their index by setting targets for hiring specific percentages of employees of different racial heritage.

John Deere said they aspired to increase black hires by 85 percent, hispanic hires by 61 percent and Asian hires by 10 percent, according to company documents obtained by Starbuck.

John Deere also apparently tied employee bonuses and pay raises specifically to DEI performance, writing in their 2022 Sustainability report that “DEI is the only global behavioral performance metric upon which salaried employees are evaluated,” according to Starbuck.

They also encouraged employees to snitch on each other. In July, their mandatory code of conduct included a pledge to “report any diversity, equity, or inclusion-related concerns to a manager … ” a screenshot Starbuck took of the code of conduct shows.

John Deere dropped their participation in the HRC’s index after their stock price reached a one-year low and announced it would stop its participation in “social or culture awareness parades, festivals, or events,” following Starbuck’s campaign.

HRC has pushed back against the companies’ rejection of their index in a big way, noting that they would still be indexing companies that choose not to send them data. Their website landing page now has a large graphic highlighting Ford and other companies that rejected their index and says “This Isn’t Just Policy. It’s Personal. Millions of hardworking Americans and their families count on these companies.”

They’ve also returned fire on Starbuck, starting their own pressure campaign against him.

“They’re doing a text and email campaign against me right now,” Starbuck told the Caller. “It’s silly, but in a weird way they’re actually helping me, and I don’t think they realize it. They called me a MAGA weirdo. You’re only proving my point to these major companies that you are a partisan actor. You just said MAGA weirdo. So that means anybody who believes in MAGA that shops in one of these stores at these Fortune 500 companies is going to be thinking, ‘Why are they partnered with a group that calls people who think like me a MAGA weirdo?’”

Many of the companies mentioned the HRC by name in their announcement in policy shifts. A Ford spokesman said their CEO Jim Farley did so because it was the group their employees asked about the most often, according to The Wall Street Journal.

HRC’s President Kelley Robinson said in a statement the decision “will hurt the company’s long-term business success, from employee retention to consumer decisions about how they will spend their dollars.”

Starbuck, however, disagrees.

“If DEI and wokeness were making these companies money, and nobody on my end was making them feel pressure, these companies would not change policy,” he told the Caller.

Some experts note that these extremes are not the only way to go about building an inclusive workspace. Before the DEI craze, companies centered their diversity efforts along non-racial lines like differences in class, geography, religion and political perspective, Harris told the Daily Caller.

“My sense is that companies adopting aggressive, discriminatory DEI policies are out of sync with the current racial landscape in our country, but they don’t realize it,” Harris told the Caller.

“They’re being advised to use a sledgehammer to swat a fly. Does racism still exist in America? Unquestionably, yes. But unlike 60 years ago, race no longer defines the experience of black or white Americans. Increasingly, class, not race, is what’s causing system inequities. As a society, we’ve made tremendous progress in race relations that is being minimized and even ignored and, sadly, many DEI programs lean hard into this distortion of our racial reality,” Harris said.

American corporations spend a pretty penny on DEI training, over $8 billion, according to a review by Harvard’s Iris Bohnet. A McKinsey analysis predicts that number to nearly double by 2026.

While companies are incredibly secretive about the specific figures they spend on DEI initiatives (both Starbuck and the Daily Caller have conducted extensive reviews of HRC-indexed company financials and have been unable to find concrete figures), American educational institutions publicly spend millions on their efforts.

A January analysis by University of Michigan professor Dr. Mark J. Perry found the school was spending over $30 million in salary for employees “whose main duties are to provide DEI programming.”

A 2021 report by the Jefferson Council found the University of Virginia was spending almost $7 million yearly for their DEI efforts.

“I Felt Like I Was Sinning”

Rather than driven by financial motives, the DEI initiatives, incubated at the HRC, are pushed upon companies by their human resources and public relations departments, a nerve center Starbuck likens to “tumors.”

“Those two departments worked in tandem to convince executives you needed to do this or you were going to look racist,” Starbuck told the Caller.

An HR initiative at one of the companies Starbuck took down, Harley-Davidson, apparently encouraged employees to read the book “White Fragility” by author Robin DiAngelo, which among other things, claims “a white supremacist worldview” is “the bedrock of society.”

Other companies encouraged employees to sign LBGT ally pledges. Employees felt pressured to sign the pledges, telling Starbuck they felt they might be fired if they didn’t.

“I thought I would be fired if I didn’t do it. I’m a Christian. I felt like I was sinning by doing it,” Starbuck told the Caller, echoing an employee’s sentiments.

Harley-Davidson even sent white male employees to white male only diversity training, according to Starbuck.

The HR and PR departments are the “nerve center” of these movements, with the CEOs of the companies often wholly unaware of the radical takeovers, Starbuck said.

“They said, ‘Honestly, I watched the video you sent us, and I was shocked. I didn’t know this was going on,’” Starbuck said of some executives he’s spoken to. “‘It’s a real wake up call,’ is the term he used. There were things that were being done that he just didn’t know. He had kind of lost control of a certain department of people, and their ability to just do certain things without him ever knowing about it.”

Outside of the CEOs, many of the companies’ corporate leadership and executive class are simply out of touch with their consumer base, Crowley told the Caller.

These executives tend to all come from the same socioeconomic and educational class, Crowley said.

“There’s tremendous peer pressure to toe the social justice line, policy line, because their social group is all doing it, and that if they refuse to do it, that somehow they would be ostracized from their social group, their economic group, their fellow CEOs,” Crowley said.

Wilfred Reilly, a professor of political science at Arkansas State University, concurred with Crowley’s assessment.

“The root issue here is a total disconnect between an Ivy League and Big 10 educated executive class and hard workers at their own companies … regular Americans who buy motorcycles, heavy equipment and Bud Light,” Reilly told the Caller.

The HR and marketing departments, Starbuck told the Caller, are often spearheaded by young, radical leftists who attach to pseudo-Marxist ideology in college and infect the companies with it.

“The belief system coming out of a lot of colleges that folks have … They think it is their job to inject this stuff into the DNA of a company. Those folks, in many ways, use the fear of CEOs after George Floyd against them to create a lot of the space for wokeness in the workplace, and then it takes on a life zone. It becomes a disease that spreads to every part of the company’s body. And I would say what we’re doing is something akin to removing the tumor.”

While Starbuck has been able to declare victory over many of the companies, he’s not stopping. He has thousands of whistleblowers in his inbox ready to expose more of the over 500 companies who the HRC lists in their index.

“If they were able to shift the Overton window that fast, I realized we could do the same thing by waking up companies to where their customers are,” he told the Caller.

The majority of the companies he’s gone after so far have had largely conservative consumer bases, but Starbuck says it doesn’t have to be solely right-leaning companies who feel the heat.

“If conservatives even just make up 20% of your customer base, you really can’t afford to do things that are just openly sort of discriminatory toward them or violating their values in some way,” Starbuck said.

AUTHOR

Robert McGreevy

Reporter.

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

Poll: Do Americans Really Care about where Companies Stand Politically?

A recent Gallup poll revealed only 38% percent of American adults “want businesses to take a stance on current events.” The remaining majority, however, would prefer corporations to stay quiet on their beliefs.

After several years of political madness, society has witnessed waves of boycotts from the Left and the Right. For instance, many conservatives and Christians have chosen to stray from doing business with organizations such as Bud Light, Target, Starbucks, and others, that unabashedly promote LGBT ideology. The same is true on the opposite side of the spectrum, as pro-Palestinian groups that support Hamas have chosen to boycott organizations with Israeli ties.

But notably, the poll, which measured the opinions of 5,835 people, found that “nearly all age groups, genders, races, and partisan groups” were represented in those who felt corporations should keep their political views to themselves. The groups that most strongly felt otherwise included Democrats, black adults, and those who promote LGBT ideology.

The question is: why is this the case? Is it possible consumers are tired of having to pick and choose where they buy a cup of coffee? Or could it simply be that the American people don’t want to associate everyday shopping with a particular worldview? To help give possible explanations to these questions, Family Research Council’s Director of the Center for Biblical Worldview David Closson commented to The Washington Stand.

“We live in incredibly hyper-politicized times,” he stated. “For the last several years, it seems that politics has exploded onto the headlines, and one can’t navigate through the public square without being forced to confront the latest cultural or social issue.” As such, Closson noted he’s “not at all surprised that Americans are expressing to pollsters the fact that they are utterly exhausted” to be faced with politics 24/7.

According to Closson, there are times when political engagement within an everyday shopping experience is justified. For instance, “The backlash against Bud Light and Target for their aggressive LGBT activism” had a purpose. Considering that many of the leftist companies faced severe drops in sales, it’s now obvious that the boycotts “sent a warning shot across the bow to many corporations that tens of millions of Christians were tired of having a moral agenda shoved down their throat that was not congruent with their biblical worldview.”

In the broad analysis, it stands to reason that Christians aren’t the only ones to be “getting tired of the constant, frantic political news cycle” that’s seemingly impossible “to extricate ourselves from.” However, arguably, Christians do face a unique dilemma when it comes to the political stance of an organization. As Closson emphasized, “Fundamentally, Christians are called to be good stewards” — a call applicable to both our time and resources.

However, from Closson’s perspective, “Christians should be good stewards with everything God has entrusted us with, which would include our consumer habits.” He continued, “When Target was putting chest-binders in swimsuits for those who identify as transgender on the very front display rack, I do believe Christians have an obligation not to support companies that so flagrantly and blatantly disregard traditional biblical ethic.”

Ultimately, in a fallen world, Christians will never be truly free of businesses that reflect anti-biblical beliefs. But that doesn’t mean, as Closson contended, that we should “worry about every little detail” and rob ourselves of joy. “Some of these large companies do our homework for us by virtue signaling and seemingly taking every step possible to let us know where they stand on the moral issues of our day.” And “when an organization, company, or business tells you what they believe on certain hot button issues, it’s appropriate for Christians to take them at their word.”

Closson concluded that when it comes to these matters, “Wisdom is needed.”

AUTHOR

Sarah Holliday

Sarah Holliday is a reporter at The Washington Stand.

EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

Top Automaker Takes $1.3 Billion Dollar Bath On Key EV Line

Top American automaker Ford hemorrhaged over a billion dollars on electric vehicles (EV) in the first quarter, leading to massive losses per vehicle.

Ford sold 10,000 vehicles in its EV Model e unit in the first three months of the year, losing $1.3 billion on the line altogether, equating to a loss of $130,000 per vehicle sold, according to data from the company’s first quarter earnings report. Despite the loss on EVs, Ford’s net income was $1.3 billion, selling over a million vehicles with $42.8 billion in revenue in the quarter.

The Biden administration has sought to boost demand and production of EVs as part of the president’s sweeping environmental agenda, offering a $7,500 tax credit for some EVs in an attempt to ease high costs using funds from the $750 billion Inflation Reduction Act. Federal regulators have also put in place tailpipe emission standards for consumers that will effectively require 67% of all light-duty vehicles sold after 2032 to be electric or hybrids.

“Ford Model e revenue was down, as wholesales declined and significant industrywide pricing pressure continued to affect electric vehicles currently on the market,” the company’s first quarter report reads. “The segment had an EBIT loss of $1.3 billion, with costs that were flat year-over-year. The company expects EV costs to improve going forward, but be offset by top-line pressure.”

Sales for Ford’s EV line were down 20% compared to last year, and revenue was down 84%. Ford’s combustion engine line, Ford Blue, sold 626,000 vehicles, which is a decline of 11% from last year, with revenue down 13% in that same time frame.

Not all EVs sold by Ford fall under its Model e unit, with commercial fleets being sold under the Ford Pro unit, including an unspecified number of EVs, according to the earnings report. The Ford Pro unit sold 409,000 vehicles, up 21% since last year, with revenue up 36%.

Ford lost $4.7 billion on EVs in 2023, higher than the $4.5 billion loss the company predicted mid-year. Other automakers have seen similar losses on EVs, such as General Motors, which reported a $1.7 billion loss in the fourth quarter of 2023.

EV demand across the whole U.S. economy slowed in the first quarter of 2023, with growth in EV sales decelerating to 2.7% compared to 5% for all vehicles. As a result, EVs’ market share dropped from 7.6% to 7.1%.

Ford did not immediately respond to a request to comment from the Daily Caller News Foundation.

AUTHOR

WILL KESSLER

Contributor.

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All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Biden’s Electric Vehicle ‘Mandate’ Might Just Be A Surprise Gift To China

The Biden administration has put in place regulations that would require many Americans to adopt electric vehicles (EV) in the coming years despite U.S. companies struggling to produce the products, leading some experts to wonder if vehicles from China will be needed to meet current goals.

The Environmental Protection Agency (EPA) finalized emission standards in late March for light-duty vehicles that would effectively require 67% of new models sold to be electric or hybrid by the end of 2032 in hopes of speeding up an EV transition to reduce carbon emissions. The regulations are in spite of sluggish American EV demand that has led to both concerning losses and slowdowns in production for automakers, with both Tesla and Rivian missing production expectations for the first quarter of 2024.

China’s EV industry could fill the gap left by the lagging U.S. market, experts told the Daily Caller News Foundation.

“China’s EV production would pose no risk to American consumers or U.S. geopolitical security if we had a free market allowing U.S. companies to concentrate on their comparative advantage in pickups, SUVs, and minivans, and allowing consumers to decide which types of vehicles best meet their needs,” Marlo Lewis, senior fellow at the Competitive Enterprise Institute, told the DCNF. “EV mandates, however, create a captive market for EV producers, and China is today the world’s top EV producer.”

BYD, China’s top EV maker, has experienced a meteoric rise in recent years, with yearly profits growing 80.72% year-over-year in 2023 amid global expansion, but has so far been priced out of the American market due to current restrictions. EVs and hybrids made up 30% of all Chinese car sales during the first 11 months of 2023.

China also has broad command over the current EV supply chain due to its control over minerals needed to build batteries required for electric vehicles. The country currently controls 87% of the world’s mineral refining capacity, with U.S. attempts to increase its own capacity not yet yielding sufficient results.

The Biden administration has sought to incentivize the purchase and manufacturing of certain American EV models with a $7,500 tax credit in an effort to drive down costs for consumers, conditioning the subsidy on manufacturers not using a certain level of components from foreign entities of concern, like China. Despite incentives and mandates, sales for new EVs in the U.S. grew only 2.7% in the first quarter, below the 5% that sales for all new vehicles grew, leading to a drop in auto market share to 7.1% for EVs.

Automakers, including Bentley, GM, Ford, Mercedes-Benz and Honda, have scaled back their previous EV goals as consumers decline to buy the product.

“So, if U.S. manufacturers are forced to keep making high-priced EVs, their market share could contract while BYD’s increases,” Lewis told the DCNF. “Global auto industry leadership would shift from the United States to China. California and EPA’s EV campaign could end up helping fulfill China’s ambition to be the world’s leading superpower.”

The Biden administration has also put forward restrictions on heavy-duty vehicles, like trucks, that effectively require at least 25% of new long-haul trucks and 40% of all new medium-sized trucks to be electric or zero-emission by 2032.

Several American auto manufacturers have posted huge losses due to EV development and sales, including Ford, which lost $4.7 billion on EVs in 2023, losing nearly $65,000 on each EV that it sold. General Motors lost $1.7 billion in just the fourth quarter of 2023, despite strong profits overall.

“Americans rely on too many critical goods and raw materials from China, which is why we need to ‘strategically decouple’ from CCP supply chains as soon as practicable,” Adam Savit, director of the China Policy Initiative at the American First Policy Institute, told the DCNF. “That goes most especially for critical high-tech and defense needs, such as semiconductors, AI, quantum computing, and rare earth elements. U.S. policymakers have made us increasingly dependent on EVs for transportation, so as long as such policies are in place, we must decouple from CCP EV supply chains as well.”

Savit pointed to the current tariffs on EVs as the reason Chinese EV makers have been unable to break into the U.S. market and are unlikely to if current trade restrictions were to remain the same. The Trump administration put in place a 25% import tax on EVs, which Biden has so far kept in place.

BYD has sought to infiltrate the American market through possibly building EV plants in Mexico, which, under current restrictions, could skirt around tariffs, delivering EVs that could compete with even gas-powered vehicles in terms of price to American buyers. Chinese EVs are also often of lesser quality, have access to cheaper materials and can utilize less expensive labor.

“Even American-made EVs are produced with a lot of Chinese inputs, including critical minerals,” Savit told the DCNF. “Many EV-related CCP supply chains are tied to human rights abuses and forced labor in Xinjiang.”

Former President Trump, in a campaign speech in mid-March, called for putting a 100% tariff on every single car manufactured outside the U.S., which would severely hamper China’s ability to sell in the country, while also reducing competition for domestic manufacturers, according to CNN.

Chinese EVs have already made large headwinds in the European market, with around 19.4% of EVs sold on the continent in 2023 being made in China, which is expected to rise to 25% by the end of 2024, according to an analysis from the European Federation for Transportation and Environment. The European Union announced in September 2023 that it had launched an investigation over whether to impose punitive tariffs on Chinese EVs due to artificially cheap prices from state subsidies, according to Reuters.

The White House did not respond to a request to comment from the Daily Caller News Foundation.

AUTHOR

WILL KESSLER

Contributor.

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.


All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Ford Puts Dent In Biden’s Plans To Expand EVs

Ford Motor Corporation announced Thursday that it would be delaying the production of new electric vehicle (EV) models as domestic demand for electric cars falters, despite heavy federal investment.

Ford joined General Motors and Mercedes-Benz in reeling in its EV production strategy, pivoting instead to producing more hybrid vehicles, according to a Thursday press release. The high-profile retreats from the EV market follow billions in federal spending by the Biden administration aimed at supporting the industry.

“As the No. 2 EV brand in the U.S. for the past two years, we are committed to scaling a profitable EV business, using capital wisely and bringing to market the right gas, hybrid and fully electric vehicles at the right time,” Ford President and CEO Jim Farley said.

Ford’s EV division posted a $4.7 billion loss in 2023, before accounting for interest and taxes. The corporation’s gas and hybrid division, by contrast, posted a $7.5 billion profit, according to The New York Times.

“We have said our EV business needs to be profitable in its own right,” a Ford spokesperson told the Daily Caller News Foundation, adding the delay of new models “support the development of a differentiated and profitable EV business over time.”

Auto manufacturers are responding to slowing growth in the EV sector.

EV sales only grew by 2.7% in the first quarter of 2024, a far cry from the 47% growth the vehicles saw in 2023, according to CBS News. Auto sales on the whole, meanwhile, grew by 5%.

“EV demand is growing, just at a slower rate than the industry forecast,” the Ford spokesperson said. “We expect continued growth in global Ford EV sales in 2024, though less than anticipated.”

General Motors and Mercedes-Benz have both delayed plans to transition to EV-only manufacturers.

As automakers retreat from EVs, and consumers react to them lukewarmly, taxpayers are left on the hook for the billions the Biden administration has spent subsidizing the vehicles.

The administration allocated $7.5 billion to build EV charging stations across the country, in accordance with the 2021 bipartisan infrastructure bill. Despite billions allotted, only seven stations have been built using those funds.

The Biden administration also made $12 billion available to automakers to repurpose existing factories to manufacture electric vehicles.

The White House wants 50% of all new cars sold by 2030 to be EVs. EVs only accounted for 7.1% of U.S. sales in the first quarter of 2024, down from the previous quarter, CBS News reported.

AUTHOR

ROBERT SCHMAD

Contributor.

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.


All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

STEPHEN MOORE: The Left’s Green Dreams Are Going Up In Smoke

One of the textbook marketing flops of all time was the Ford Edsel sedan, which was heralded as the hot new car in the late 1950s.

All the automotive experts and Ford executives said it was a can’t miss. Henry Ford (the car was named after his son) guaranteed hundreds of thousands of sales. But one big thing went wrong. Nobody ever bothered to ask car buyers what THEY thought of the new car.

Turns out: they hated it. So instead of sales of 400,000 Americans bought 10,000 and the model was embarrassingly discontinued.

The obvious lesson for the industry: you can’t bribe Americans to buy cars they don’t want. Given the all-in approach mentality for EVs at Ford and GM, it’s clear that Detroit never got this message.

Last week, Honda and General Motors announced an end to their two-year collaboration in building a platform for lower-cost EVs. Honda execs said it was “too hard.”

Amazingly, less than 10% of all new car sales are EVs over the last two years. This despite the fact that the U.S. government is writing a $7,500 check to people for buying an EV and some states are kicking in $5,000 more.

The Texas Policy Foundation calculates that all-in EV subsidies can reach $40,000 per vehicle. It would practically be cheaper for the government to purchase a new gas vehicle for every American car-buyer.

Meanwhile, the news is even worse for wind and solar power. The Wall Street Journal reported last week that “clean energy” investment funds are tanking with some down as much as 70% in recent months. Solar has been one of the worst performing industry stocks this year.

This collapse is happening right when Exxon and Chevron have engineered a combined $110 mega — acquisitions to expand oil and gas drilling in the Permian Basin in Texas — one of the biggest oil fields in the world. They both just reported their largest profits ever.

They and their investors are looking at the real world data not green energy propaganda. In 2023 the world has used more fossil fuels than any time in human history even as the developed countries spend hundreds of billions of dollars trying to stop oil, gas and coal.

All of this is to say that there in NO “global energy transition” going on. If there is one, it’s away from green energy, not toward it.

COPYRIGHT 2023 CREATORS.COM

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

AUTHOR

STEPHEN MOORE

Stephen Moore is a senior fellow at the Heritage Foundation and chief economist at Freedom Works.

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All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.