Environmental Protection Agency (EPA) just released the result of its mid-term evaluation on fuel economy for cars. EPA Administrator Scott Pruitt announced the current greenhouse-gas emission standards for light-duty vehicles for model year 2022-2025 are not appropriate. As well, he thinks they should be revised for consumer choice..
The Competitive Enterprise Institute (CEI) commends Administrator Pruitt. The CEI believes EPA is taking a “step forward”. They believe this will “ensure the future of automobiles. Why? Cause CEI thinks they will be cars that are safe, affordable, and what consumers want to buy. CEI has followed the CAFE issue for decades it seems. This includes a major court victory in 1992. That ruling was regarding CAFE’s effects. CEI experts said the following about today’s announcement.
Also, Director of CEI’s Center for Energy and Environment Myron Ebell on CAFE’s impact on consumer choice:
As reported before, ACEEE added.
So we are clear, The Corporate Average Fuel Economy (CAFE) and greenhouse gas emissions standards adopted since 2009! This will reduce fuel consumption by more than 2 million barrels of oil per day by 2025. That’s the equivalent of taking 53 million cars off the road. It’ll also eliminate 6 billion tons of greenhouse gas emissions over the lifetimes of vehicles of model years 2012-2025. Consumers will save over $1 trillion at the gas pump, which is more than three times the added cost of the more efficient vehicles. The energy savings compare favorably to any other efficiency policy out there: an ACEEE analysis of primary energy savings from recent and prospective policies—including the Clean Power Plan—showed vehicle standards to be the biggest saver from today through 2040.
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