The United States has finalized fuel economy rules that would increase the average to 54.5 miles per gallon by 2025, almost twice as much as the current standards. It’s the first update since the mid-1980s, and it should have a big impact on the annual cost of fueling up cars and trucks as well as the emitting of greenhouse gas emissions.
Without a climate bill, you can say that the fuel economy standards represent the biggest action taken by the Obama Administration on greenhouse gas emissions. “These fuel standards represent the single most important step we’ve ever taken to reduce our dependence on foreign oil… It’ll strengthen our nation’s energy security, it’s good for middle class families and it will help create an economy built to last,” President Obama said. The Administration claims this will reduce oil consumption over time by 12 billion barrels, at a savings for consumers of over $1.7 trillion. In fact, that’s precisely what the President said in a statement.
This builds on standards already finalized by the Department of Transportation and the EPA that increase fuel economy to 35.5 MPG by 2016. The new 54.5 MPG standard was finalized last July, and EPA Administrator Lisa Jackson said on a conference call today that the final rule is essentially identical to that proposal.
[...]I had a '56 Hudson that returned 40mpg, so I don't think that there have been as many advances in efficiency in engine design over the past 60 years or so as the auto industry claims...
US Finalizes 2025 Fuel Efficiency Standard of 54.5 MPG | FDL News Desk
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