Honda Is Paying the Price for Falling for Biden-Era Climate Policies. Let’s Spare Others the Same Fate.
21st July 2026
The importance of codifying into law the guarantee of affordable, reliable energy for all Americans is driven home by the current turmoil surrounding Honda, which “reported its first annual loss since becoming a publicly traded company in Japan seven decades ago,” as reported by the New York Times back in May.
Why did a company considered one of the most stable in the world suddenly suffer such a catastrophic about-face? In large part because it relied on Biden administration policies designed to funnel industries into a future where fossil fuels would be completely phased out.