Monday, 2 April 2018

Trump’s EPA Likely Rolling Back Fuel Economy Targets For Automakers

The Trump presidency has focused heavily on de-regulation of businesses, and it seems he’s keeping this philosophy in practice with the EPA. The agency looks set to roll back the Obama-era fuel economy and emissions target numbers that have set automakers on edge for years. While opposition was light at first, the target of a 54.5 MPG average fuel economy by 2025 slowly grew frustration, as the US auto market trended toward SUVs and trucks, which are notoriously heavy gas consumers. Agency chief Scott Pruitt is expected to reveal the replacement plan Tuesday.   This shouldn’t surprise anyone who has followed the Environmental Protection Agency under President Trump and agency chief Scott Pruitt, but it looks like a rollback of the aggressive Obama-era fuel economy and emissions targets are finally coming next week. The New York Times reports the plan is expected to be unveiled on Tuesday, and we don’t yet know the specifics of what Pruitt’s plan will entail, but it should address the requirement for automakers to basically double the average fuel economy of trucks and cars to 54.5 miles per gallon by 2025.   While automakers initially accepted these rules in the wake of the bailouts, they eventually balked at them, claiming they’d be nearly impossible to meet—especially in the current market that trends heavily toward SUVs and trucks. The rules also would have put the United States, historically a laggard in fuel economy regulations, at the forefront worldwide in the manufacture of electric and highly fuel efficient vehicles. Click Here to Continue Reading

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