The California Effect

The Indicator from Planet Money

NPR

Business

4.7 • 9.2K Ratings

🗓️ 7 September 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

From Sacramento to San Diego, the state of California is a tryhard when it comes to regulations. Today, we're singing about how the nation's strictest standards affect economies across state lines.

Transcript

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0:00.0	NPR.
0:11.6	There's a kind of person.
0:13.2	We probably all have met one who likes to one up people, right?
0:17.2	Like you say, I'm thinking of going to the beach this weekend.
0:20.6	And they're like, oh yeah, that reminds me of this one time.
0:23.2	I went to Fiji.
0:24.4	Yeah, I know exactly what you're talking about.
0:26.0	You say, I saw this great movie.
0:27.9	And then your friend says, well, actually the book is better.
0:31.1	And by the way, I actually know the director.
0:34.1	Yeah.
0:34.7	In the world of environmental regulations,
0:36.9	the state of California is like that person.
0:40.2	Case in point, the White House last year
0:42.0	asked car makers to voluntarily sell
0:44.6	more electric and hybrid vehicles.
0:47.0	Then just over a week ago, California was like, oh,
0:50.3	that's cool.
0:51.0	We like the environment, too.
0:52.4	But we're actually going to ban the sale of all gas cars
0:56.0	entirely by 2035.
0:58.2	That's a hell of a strong move.
	...

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