Trump's Updated Fuel Economy Targets Are Coming This March
After what feels like an eternity, the Trump Administration finally feels confident in releasing its alternative to efficiency rules created under former President Barack Obama. The National Highway Traffic Safety Administration will provide the details on the new fuel economy standards for cars and light trucks sometime before the end of March.
This will be followed by partisan arguments as to why it’s the best and worst idea in the world.
NHTSA Acting Administrator Heidi King said in an interview at the North American International Auto Show that the updated rule will be released by March 30th, declining to discuss any specifics. However, the popular assumption is that the new rules will be less burdensome on automakers through 2025. The NHTSA said it wasn’t ruling out altering mandates on 2021 model-year vehicles.
“It will be a proposal that will stimulate dialogue, robust listening to the data and the stakeholders that should inform a decision before we go to a final rule stage,” King told Bloomberg on Tuesday.
Despite agreeing to the Obama-era Corporate Average Fuel Economy in 2011, automakers have lobbied Trump and other officials to reexamine the current standards. Carmakers claim that low gasoline prices and lukewarm consumer interest in “green” vehicles make stringent CAFE limits extraneous. While that’s not a particularly green mentality to have, their point is somewhat valid. Gas is relatively cheap and people are choosing to purchase larger, less-efficient vehicles. In fact, the United States’ shopping habits have stalled the countries’ sales-weighted average fuel economy at 25 mpg for over four years.
Consumer advocate tracking industry trends, regulation, and the bitter-sweet nature of modern automotive tech. Research focused and gut driven.
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