Thursday, August 18, 2016

Fuel-Efficiency Standards Finalized for Heavy-Duty Trucks

The "U.S. Environmental Protection Agency and the U.S. Department of Transportation's National Highway Traffic Safety Administration have finalized new standards for medium- and heavy-duty vehicles that will improve fuel efficiency and reduce carbon pollution while also strengthening national energy security and manufacturing innovation."
The final standards are expected to lower CO2 emissions by approximately 1.1 billion metric tons, save vehicle owners fuel costs of about $170 billion, and reduce oil consumption by up to 2 billion barrels over the lifetime of the vehicles sold under the program. Overall, the program will provide $230 billion in net benefits to society, including benefits to the climate and Americans’ public health. Specifically, the EPA says these benefits outweigh costs by about an eight-to-one ratio.

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