Schumer Floats Plan to Take Gas-Powered Vehicles Off U.S. Roads By 2040

  • Gas-powered vehicles would be removed from U.S. roads by 2040
  • His plan hinges on Democrats winning control of the Senate
Photographer: David Paul Morris/Bloomberg
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Senate Minority Leader Chuck Schumer said if Democrats win control of the chamber next year, he would put an ambitious plan on the floor to remove gas-powered vehicles from American roads by 2040.

Schumer’s $454 billion plan echoes “cash-for-clunkers,” a short-term vehicle scrappage incentive Congress enacted roughly a decade ago to give a boost to plummeting auto sales during the financial crisis and clean up the U.S. fleet.