Bye, gas-powered cars
Make Me Smart
Marketplace
4.6 • 5.4K Ratings
🗓️ 26 August 2022
⏱️ 16 minutes
🧾️ Download transcript
Summary
Picture this: In the not-too-distant future, gas cars will be a thing of the past. This week, California moved to ban sales of new gasoline-powered cars by 2035. We’ll discuss what it means for our clean-er economic future. Plus, big ups to the person running the White House Twitter account. And, if you paid a fee for being tardy on your taxes, the IRS might be sending you a check.
Here’s everything we talked about today:
- “California bans sales of new gas-powered cars by 2035. Now the real work begins” from The Los Angeles Times
- Tweet thread on the hip-hop industry powering Cash App
- “Japan Set to Become One of World’s Biggest Defense Spenders” from Bloomberg
- White House claps back at Rep. Marjorie Taylor Greene, others over canceling student loan debt
- “These Stones Graced the Capitol. They May Soon Be Removed From a Park.” from The New York Times
- “IRS to refund a ‘very welcome’ $1.2 billion in late-filing fees for nearly 1.6 million taxpayers” from CNBC
- Opinion | Inside the IRS ‘Pipeline’ used to process tax returns from The Washington Post
Grab a beverage and join us Friday for Economics on Tap. We’ll be on the YouTube livestream starting at 6:30 ET/3:30 PT. We’ll have more news, drinks and a game.
Transcript
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| 0:00.0 | Let's just bang it out. |
| 0:02.9 | Trying to be efficient. |
| 0:06.1 | Hey there, I'm Kimberly Adams and welcome back to Make Me Smart, where we make today make sense. |
| 0:12.0 | I'm Kyle Rizdal. Thanks for joining us on this Thursday. |
| 0:15.6 | We are going to talk about the news and then end on some Make Me Smiles. |
| 0:20.5 | We are going to get started however with the news fix. |
| 0:25.1 | And go, you've got like one, two, three, four, go. |
| 0:28.1 | Three of them are the same. |
| 0:31.0 | Which is, and maybe everybody else already knew this, but I've been in like, |
| 0:34.7 | retreat world. But that California has voted to go ahead and ban new gas cars sales by 2035, |
| 0:45.4 | which is a pretty big deal. |
| 0:48.1 | And it's extremely big deal. |
| 0:50.0 | Yeah, because not only would this change things in California, this doesn't affect cars that are |
| 0:55.2 | already on the road. It's just the new cars. But there are I think 17 states. |
| 1:03.8 | So California is a little bit different than other states in that it can mandate |
| 1:08.9 | like environmental standards that actually do something. |
| 1:14.2 | Even if they're different or more stringent than the federal governments, most states can't do that. |
| 1:18.3 | And there are like 17 states that basically do what California does, usually. |
| 1:27.1 | And so this not only matters for California, but it means it is likely that the states that |
| 1:33.9 | generally are on board with California's environmental regulations could also be on the path to |
| 1:39.9 | banning the sale of gasoline-fueled cars. And this is a pretty big step when it comes to sort of |
| 1:47.2 | the clean climate future or cleaner climate. But cars last a long time. So we're what we're |
... |
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