Biden's stringent emissions standards for big rig trucks could cripple small business economy, says 'Shark Tank' investor

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Biden's stringent emissions standards for big rig trucks could cripple small business economy, says 'Shark Tank' investor
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'Shark Tank' investor Kevin O'Leary warns that the Biden administration's emissions standards for big rig trucks are based on non-existent technology and could have a detrimental impact on the small business economy.

The Biden administration's stringent emissions standards for big rig trucks are based on technology that doesn't exist in a broad enough capacity and could cripple the small business economy , ' Shark Tank ' investor Kevin O'Leary told Fox News on Monday. 'Mr. Wonderful' told 'The Story' the emissions mandate's timing is impossible to meet right now.

'We talk about this quite a bit in the sector of the economy where 5 to 500 employees, small businesses that use a lot of transportation services for consumer goods and services. There's no way this is going to work on that schedule,' O'Leary said. The EPA, under administrator Michael Regan, announced 'technology-neutral and performance-based' emissions regulations Friday that will apply to model-year 2027 trucks and thereafte

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