As part of the national vehicle program, the Obama administration is reducing emissions with new fuel efficiency standards. These new rules will require cars and light trucks manufactured in the US to get 54.5 mpg by 2025. According to the Office of the Press Secretary, these standards will require performance equivalent to 163 grams/ mile of CO2 by model year 2025. In addition to lowing emissions these new standards will also drive innovation that will fuel economic growth and create good jobs. These new rules will save consumers $1.7 trillion in gas, which breaks down to $8K per vehicle by 2025.
“This agreement on fuel standards represents the single most important step we’ve ever taken as a nation to reduce our dependence on foreign oil,” said President Obama. “We’ve set an aggressive target and the companies are stepping up to the plate.”
The Obama administration already has an agreement which will raise fuel efficiency to 35.5 between 2012-2016. These programs, combined with the model year 2011 light truck standard will reduce US oil consumption by 12 billion barrels, and by 2025 reduce oil consumption by 2.2 million barrels a day. This represents approximately half of the oil the US imports from OPEC every day.
The standards cut more than 6 billion metric tons of greenhouse gas over the life of the program, that is more than the amount of C02 emitted by the US in 2010.
© 2011, Richard Matthews. All rights reserved.