Trump administration moves closer to rolling back U.S. vehicle fuel economy increases

[Swordsmyth]

New rules enacting President Donald Trump's reductions in fuel efficiency standards for new vehicles through 2026 moved closer to reality on Tuesday when U.S. agencies sent proposals to the White House for final review.After more than 17 months of discussion, the National Highway Traffic Safety Administration (NHTSA) and Environmental Protection Agency (EPA) submitted proposed rules for 2021 through 2026 model year fuel efficiency to the White House Office of Management and Budget, the agencies said.
Final rules are expected as early as late February or March, officials said.
The administration of former President Barack Obama had required car manufacturers to achieve roughly 5% annual increases in vehicle fuel efficiency through the 2026 model year.
The Trump administration proposed in August 2018 freezing fuel efficiency standards at 2020 levels through 2026, erasing the increases the Obama administration enacted, but officials will not finalise that proposal.

More at: https://finance.yahoo.com/news/u-agencies-send-revised-fuel-002040172.html

[Slave Mentality]

Good. Uncle Sugar shouldn’t be involved the automotive industry in any way.

[Origanalist]

"We're not going to be flat, as was proposed," Acting NHTSA Administrator James Owens told Reuters in a recent interview. "We're going to set standards that are reasonable and achievable."

Several automakers told Reuters they anticipate annual fuel efficiency increases of about 1.5%, much less stringent than the Obama rules, but administration aides said the proposal, which is around 2,000 pages, underwent significant revisions.

EPA said the final rules "will benefit all Americans by improving the U.S. fleet’s fuel economy, reducing air pollution, and making new vehicles more affordable for all Americans."

Well, it's nice he's slowing it down.

[Gumba of Liberty]

Well, it's nice he's slowing it down.

Slowing it down is weak. I want 1965 standards. Too much for you? Let’s compromise... 1995 it is.

2020 is capitulation or treachery.

[devil21]

Rhodium markets vehemently disagree. I guess we'll see who wins or if this is just more fake news from the WH.

https://www.bloomberg.com/news/articles/2020-01-13/most-precious-metal-rhodium-leaves-everything-else-in-the-dust

Rhodium, mainly used in emissions systems, has surged 31% this month on tighter emissions standards going forward.

[Origanalist]

Slowing it down is weak. I want 1965 standards. Too much for you? Let’s compromise... 1995 it is.

2020 is capitulation or treachery.

How about 1974? I'm ok with that.

[angelatc]

How about 1974? I'm ok with that.

I'm in at 1775.