The Biden administration's new auto emissions standards serve as a crucial climate initiative, targeting the significant greenhouse gas emissions from passenger vehicles. These regulations not only aim to reduce emissions but also to enhance fuel efficiency, potentially saving consumers money at the pump. With President Trump advocating for a rollback to 2020 standards, experts warn that this could lead to an increased financial burden on drivers. Biden's standards, set to phase in from 2027 to 2032, aim for a considerable average fuel efficiency increase, potentially leading to substantial consumer savings by 2050.
Under Biden, the EPA enacted emissions standards, while the Department of Transportation set fuel economy standards. Together, they help clean up combustion vehicles.
Doing so could result in consumers paying at least $8,000 more to fuel a vehicle in 2029, than they would have if the standards stayed in place.
Biden's newest standards, announced in 2024, phase in from 2027 to 2032, aiming for a 50.4 miles per gallon average for light-duty vehicles.
Consumer Reports analysis shows that combined rules could lead to over $2 trillion in consumer fuel savings by 2050.
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