Currently, the U.S. Corporate Average Fuel Efficiency standard requires a fleet average of 49 mpg for car manufacturers, which is already kinda ridiculous.
And now here's what Biden and the Left want to do to that number:
😂😂😂
Seriously, these people want us in electric vehicles, stat. There's no other way to look at this.
The Biden administration on Friday announced a proposal to require raising fuel economy standards to 58 miles per gallon.
The proposal, from the Department of Transportation's National Highway Traffic Safety Administration (NHTSA), would aim for a respective 2% annual increase for passenger cars, and a 4% increase in light trucks' Corporate Average Fuel Economy (CAFE) standards for 2027 - 2032 models, and would require 2030 - 2035 "heavy-duty pickup trucks and vans" to boost fuel economy by 10% per year.
Yeah, I bet that's gonna work out for automakers!
Sorry for the sarcasm, but car manufacturers are already paying record penalties for these fuel efficiency standards, and the price they pay in penalties is going up as well. GM estimates that these new rules could cost the industry over $100 billion in new penalties.
The Alliance for Automotive Innovation which represents GM, Toyota, Volkswagen and others has asked the EPA to soften its emissions proposal, calling it "neither reasonable nor achievable."
It's easy to see what they're doing here.
They're simply, by executive fiat, phasing out gas-powered vehicles.
"If finalized as proposed, the updated standards would save Americans hundreds of dollars at the pump," reads a NHTSA press release. "all while making America more energy secure and less reliant on foreign oil"...
The NHTSA also estimates $18 billion of "combined benefits" would be realized as a result.
The rule, according to the agency, "will encourage manufacturers producing (internal combustion engine) vehicles during the standard-setting timeframe to achieve significant fuel economy, improve energy security, and reduce harmful pollution by a large amount."
