As Fox News reported, the Biden regime, in a joint announcement with the White House and the Environmental Protection Agency (EPA), finalized a slate of economically crippling environmental regulations curbing gas-powered vehicle tailpipe emissions. These rules are ostensibly in response to greenhouse gas emissions and "climate change."

The announcement did not come as a surprise as reports indicated the rules would be finalized this week. But it does mark a reversal from last month when regime officials were reportedly considering easing the push as an election-year concession to automakers and labor unions.

Fox News notes the rules are designed to push electric vehicles. Regime officials say they expect nearly 70% of all new car sales to be zero-emissions within a few years.

Here is more detail on the scheme from Fox News:

Automakers will be forced to rapidly curb the emissions of greenhouse gases, hydrocarbons, nitrogen oxides, and particulate matter from new passenger cars, light trucks, and larger pickups and vans, beginning with model year 2027 vehicles.

When the tailpipe emissions rules kick in, automakers will be compelled to increase production and sales of EVs, plug-in hybrids, traditional hybrids, and fuel cell vehicles. Under one "low cost" model EPA outlined in the rule, automakers would be forced to ensure 56% of light-duty car sales are battery electric, and another 13% are hybrid by 2032.