EPA To Reverse Finding That Greenhouse Gases Are Bad For Humans
In this morning's edition, we're looking at the EPA's new ruling in the face of all science, as well as how Porsche and Aston Martin are responding to tariffs. We'll also look at how Toyota's weathered the trade war storm, and the desperation of lithium miners in a world with fewer EVs than they'd hoped.
Read more: 2025 Cadillac Escalade IQ Is All About Big Numbers
1st Gear: The EPA Says Greenhouse Emissions Aren't Bad Any More, And In Fact We Could All Use Some More
The dangers of greenhouse gases, to both our environment and the people that live within it, have been known for decades. The science has long been settled, but the science is inconvenient for the people who make their money selling greenhouse gas emitters. So, in the face of scientific consensus, the Trump administration has found a new response: Nuh-uh. From the New York Times:
Lee Zeldin, the administrator of the Environmental Protection Agency, said on Tuesday the Trump administration would revoke the scientific determination that underpins the government's legal authority to combat climate change.
Speaking at a truck dealership in Indianapolis, Mr. Zeldin said the E.P.A. planned to rescind the 2009 declaration, known as the endangerment finding, which concluded that planet-warming greenhouse gases pose a threat to public health. The Obama and Biden administrations used that determination to set strict limits on greenhouse gas emissions from cars, power plants and other industrial sources of pollution.
"The proposal would, if finalized, amount to the largest deregulatory action in the history of the United States," Mr. Zeldin said. He said the proposal would also erase limits on greenhouse gas emissions from cars and trucks on the nation's roads.
Scientific consensus is often overturned, but it's generally overturned by new, more accurate science. That's not what's happening here, no prior theories are being disproven based on new data. This is just looking at decades of scientific research into a thing that's killing us, and simply saying that it's good actually. We live in hell and it's only getting worse.
2nd Gear: Porsche And Aston Martin Jack Up Prices Due To Tariffs
The U.S. has a tariff deal with the European Union, sort of. We at least know that cars will be subject to a 15% tariff, which is a massive hike from the 2.5% tariff they faced before the Trump administration. Now that that number is set in stone, automakers are responding the simplest way they know how: Raising prices. From Reuters:
European luxury carmakers including Porsche and Aston Martin have shot to the front of the grid with U.S. price hikes, which could point the way for bigger brands to follow in their wake as companies pass on the cost of tariffs.
...
On Wednesday, Volkswagen's luxury brand Porsche said it had raised U.S. prices by between 2.3% and 3.6% in July, with no plans for now to establish a U.S. production presence - a move that would let it avoid the levies.
"This is not a storm that will pass," Porsche CEO Oliver Blume said after the company cut its full-year profit target and flagged a $462 million hit from tariffs in the first half. "We continue to face significant challenges around the world."
...
British sports-car maker Aston Martin said it had made incremental price increases in the United States since last month, issuing a profit warning citing a hit from U.S. import tariffs and prolonged suppressed Asian demand.
As of yet, no automaker has matched the tariff hike with a 7.5% flat price increase across its lineup. It's not inconceivable that cars do make that jump, but companies may try to conceal it in model year changes or facelifts to help the pill go down.
3rd Gear: But Toyota's Doing Just Fine
Toyota, though, is unlikely to jack up its prices to such a degree. The company's already doing well enough, already moving enough units to the U.S., that it simply may not need to hike MSRPs. Lower profits, higher volume, these things can come out in the wash. From Automotive News:
Toyota shrugged off the impact of U.S. tariffs on vehicles and parts in June as its auto exports to the U.S. kept climbing and helped drive record sales for the world's biggest automaker.
Toyota's exports to the U.S. rose 16 percent to 52,745 vehicles in June, more than two months after U.S. President Donald Trump imposed duties on shipments from Japan and other countries..
The upswing helped fuel a 2.7 percent increase in global sales to 937,246 in June for Toyota Motor Corp., including volume from the Toyota and Lexus brands as well as deliveries from the Daihatsu minicar subsidiary and Hino truck-making unit.
Japan gets the same auto tariff rate as Europe, so we'll see how Toyota fares as both the company and its consumers start to feel the effects of that. One thing's for sure, though: Even from a company the size of Toyota, don't expect prices to drop any time soon.
4th Gear: Lithium Miners Are Getting Desperate As EV Sales Flatten
When EVs were skyrocketing in adoption, thinkpieces the world over began to wonder if we even had enough lithium on Earth to meet demand. Now that demand outside of China is beginning to stagnate as EVs face the problem of crossing the chasm, and lithium miners are being caught with their pants down. From Bloomberg:
A slew of corporate reports from Australian lithium producers has thrown a fresh spotlight this week on an industry riven by write-downs, cost controls and hard choices as the world's electric-vehicle transition runs into headwinds.
IGO Ltd. and Mineral Resources Ltd. flagged potential impairments, Pilbara Minerals Ltd. stressed cost-cutting efforts, and Liontown Resources Ltd. said it had to resell some material originally earmarked as offtake for Ford Motor Co.
"I don't think there's anyone globally making much in the way of margins there or enjoying the period we're in," IGO's chief executive officer Ivan Vella said on an investor call Wednesday.
Now that the United States is fully shoving its head in the sand with regard to climate science, what will that mean for the EV market? Whatever it is, it can't be good.
Reverse: Medicare For Some
We haven't made much progress on the "achieving the standard of healthcare offered by any other wealthy nation" front in the decades since.
On The Radio: King Tuff - 'Rainbow's Run'
It's kind of weird that Ty Segall so rarely hits for me, because I'm a fan of seemingly everyone in his orbit. He's even on this album!
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New York Post
3 minutes ago
- New York Post
Journalist recounts harrowing broad-daylight sex assault in DC – says cops refused to include the attack in crime stats
A formerly DC-based journalist revealed Thursday that she was 'violently attacked and sexually assaulted' in the nation's capital – and that the city's police department refused to include the incident in their crime stats. Anna Giaritelli, a homeland security reporter with the Washington Examiner, detailed the heinous, broad-daylight assault against her, as well as the response from the Metropolitan Police Department and the court system, in a dramatic op-ed – which comes days after President Trump announced a sweeping crime crackdown in Washington, DC. 'On a Saturday morning in 2020, I walked out of my apartment on Capitol Hill to mail a package at a post office several blocks from the US Capitol. I put on my black sweatshirt and black sweatpants then headed out the door. I never made it to the post office,' Giaritelli wrote. 'Just one block from my apartment building's entrance, I was attacked by a large man well over six feet tall. He charged at me for a reason that I still do not understand. In broad daylight and on well-traveled 2nd Street NE next to Union Station, I fought to get away as he sexually assaulted me,' she continued. 'If it had not been for others in the vicinity, including a construction worker named Donny who heard my screaming and ran to my rescue, I don't know if I would be here today.' Trump has deployed the National Guard and hundreds of federal law enforcement officers to the streets of DC to address crime in the city. Giaritelli explained that the attack demonstrated to her, firsthand, how 'DC police and the courts fail the public.' Despite her attacker, described as a 'homeless man,' being apprehended 'months later' and sentenced to prison time, Giaritelli wrote: 'If you look for evidence that the attack happened in the city's crime statistics, you won't find it.' 'DC police covered up the unspeakable wrong that the stranger did to me,' the reporter said. The Metropolitan Police Department's online 'Crime Cards' statistics page – which purportedly tracks criminal offenses and pegs them to a map, showing where they occurred in the district – does not include Giaritelli's attack and sexual assault, she claims. 'When I asked MPD in 2020 why my incident was not on its crime map, an MPD spokesman said the city only includes 1st degree felonies under its crime stats,' the reporter explained. 'That would mean that for every person robbed, assaulted, or sexually abused in anything less than egregious ways, you have not been counted into the total tally.' 'The pain you suffered was not severe enough, according to MPD's standards.' The reporter said her attacker was arrested five times — and released from jail every time — as he awaited trial for his sex crimes. Giaritelli said she was then told by MPD, this week, that the crime map does include 'some sex abuse charges, but not all of them.' She noted that the crime against her is still not listed in the online database. Giaritelli praised DC law enforcement's immediate response to the attack, noting that they collected DNA evidence which they were able to match to a vagrant about two months later, leading to his arrest. Her attacker, however, was 'immediately released from jail' by the judge handling the case, leading Giaritelli to very reasonably fear that he was back 'living in a tunnel' just blocks from her apartment. The vagrant was 'arrested in five separate incidents' and allowed out of jail every single time, while he awaited trial for the sexual assault, Giaritelli said. MPD did not immediately respond to The Post's request for comment. Trump on Monday claimed that DC's crime statistics – showing violent offenses down about 26% compared to last year – were 'phony' and promised that Attorney General Pam Bondi will be 'looking into that.' The president further noted that a DC police commander was suspended last month for allegedly falsifying crime data to make trends appear more positive.


Boston Globe
3 minutes ago
- Boston Globe
Crime ‘hot spots' targeted, encampments cleared, as feds expand D.C. push
Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up National Guard troops are trained in 'common sense, and they're very tough people,' Trump said. He later added that 'they're trained in not allowing people to burn down buildings and bomb buildings and shoot people and all the things.' Advertisement Homeland Security Investigations (HSI) officers walked on the National Mall on Thursday. Anna Moneymaker/Getty D.C. police data shows violent crime, after a historic spike in 2023, The 800 National Guard members mobilized to protect D.C. are not armed and will not be conducting law enforcement activities, Pentagon press secretary Kingsley Wilson told reporters Thursday. That is the case, even though under federal Title 32 orders, which is the authority Trump used to activate them, they could conduct law enforcement if asked. Advertisement 'They will not be arresting people,' Wilson said. The statements from Trump administration officials came amid a flurry of developments, including D.C. police Chief Pamela A. Smith issued an executive order allowing the city's officers to share information about people who are not in custody and to transport U.S. immigration authorities and the people they detain. That cooperation on a major Trump administration priority does not change the D.C. law that prohibits local law enforcement from providing information about people in D.C. custody to federal immigration enforcement. On homelessness, District officials were bracing for the potential on Thursday night for the federal government to expand efforts to clear homeless encampments. City officials spent the day continuing to press people living outside to swiftly enter shelters so they could avoid being caught up in federal cleanup campaigns. The Trump administration has threatened to fine or arrest any individuals who refuse to be removed or placed in shelters. Local advocacy groups asked city officials to prepare for a possible increase in those seeking shelter, including those who have long objected to the strictures that can come with the services provided in such places. Homeland Security Investigations officers spoke with a food truck vendor on the National Mall on Thursday. Anna Moneymaker/Getty The National Park Service has regularly cleared homeless encampments on federal land in the District in past years. Earlier this week, White House press secretary Karoline Leavitt told reporters that '70 homeless encampments have been removed by the U.S. Park police' since March. In the same briefing, Leavitt said only two encampments remained in National Park Service jurisdiction in D.C. 'The removal of those two remaining camps is scheduled for this week,' Leavitt said. 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Advertisement 'We're following our own protocol,' she said, noting that there are no plans to arrest people who turn down shelter referrals. She said it is the only cleanup scheduled for Thursday. William Wilson, 66, dragged his cart of clothes and camping gear up the hill. 'I'd like to invite the president to spend some time here in a tent with us,' he said. 'We're nice people. We're a family here — we get along.' Among those facing federal enforcement, and the prospect of being forced off the streets, one key issue is storage, said Amber Harding, executive director of the Washington Legal Clinic for the Homeless. 'Shelters have a two-bag maximum, so people might not want to go to a shelter if they don't want to throw away their stuff that can't fit into two bags. So we have been trying to work with the city to make sure they have storage options,' Harding said. Location is another factor. 'Right now the shelter spaces the government has are not downtown,' Harding said. 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Maegan Vazquez, Dylan Wells, Olivia George, Meagan Flynn, Brittany Shammas and Michael Birnbaum contributed to this report.

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