On Monday, the US Environmental Protection Agency (EPA) proclaimed new fuel economy standards to promote U.S. President Joe Biden’s goal of plummeting the country’s greenhouse gas emissions.
In a critical step to combat climate change, the Joe Biden government is raising vehicle mileage standards to cut emissions of global warming greenhouse gases significantly. A final rule being issued on Dec. 20 would raise vehicle-mileage standards beginning in the 2023 model year, reaching a projected industry-wide target of 64.4 kilometers per gallon by 2026, which is 25 percent higher than a rule finalized by the Trump government in 2020 and five percent higher than a proposal by the U.S. EPA in August.
Michael S. Regan, the Administrator of the U.S. EPA, said in a statement that they’re setting robust and rigorous standards that would aggressively decrease the pollution that’s harming our planet Earth and save families money simultaneously.
WASHINGTON (AP) — EPA: Biden administration sharply raising mileage standards for cars and trucks to address climate change
— Rob Gillies (@rgilliescanada) December 20, 2021
The move comes a day after Democratic Senator Joe Manchin delivered a potentially fatal blow to Biden’s 2T dollars social and climate bill, endangering Dems’ agenda and infuriating the White House. The West Virginia senator said he couldn’t support the spending bill, which includes a host of environmental proposals, saying it was pricey and could spark inflation and expand the rising federal debt.
A Doable Rule
The now-stalled bill includes a 7500 dollars tax credit to purchasers to lower the cost of electric vehicles (EV). Regan said that the administration would carry on to fight determinedly for the electric vehicle tax credits and other incentives in Build Back Better Agenda, but even without them, they believe that they suggested a rule that is feasible, it is affordable, achievable, and they’re enthusiastic about it.
Moreover, the administration said that the standards will help develop the market share of zero-emission vehicles with an aim of battery-electric and plug-in hybrid vehicles (PHEVs), reaching 17 percent of new vehicles sold in 2026. Electric Vehicles and plug-in hybrids are anticipated to have about a 7 percent market share in 2023.
The Environmental Protection Agency said the rule wouldn’t only slow climate change, but also improve public well-being by decreasing air pollution and decreasing costs for drivers through improved fuel efficiency. President Biden has set a goal of reducing the US greenhouse gas emissions by at least 50% by 2030 as he pushes a history-making move in America from internal combustion engines to battery-powered vehicles.