are felt around the world. With many lawmakers looking for ways to mitigate these effects, it seems the way we drive our cars is heading toward a significant change.
Some now think the plan put forth by the Biden Administration is much too late, as they believe we've already crossed a threshold of climate change from which we can't return.
Others think it's still a noble goal, with the new plan intended to exceed the goals set by the Obama administration.
reports that by 2025, the goal is to increase standards for mileage to 5%, then up it one or two percent higher for 2026. By 2030, President Biden aims to, at minimum, halve all greenhouse gas emissions from the U.S.
So how might this ultimately affect you and your insurance rates?
explains, certain electric models can add as much as 45% to your premium, though this does appear to be changing somewhat. Some EVs do cost less to insure than similar gas-powered alternatives, but this is not the norm.
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