National Highway Traffic Safety Administration (NHTSA) 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.
“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.”
CAFE requirements are not as stringent as an Environmental Protection Agency proposal in April to cut vehicle tailpipe emissions. NHTSA is barred by law from considering electric vehicles fuel economy in setting standards.
The EPA said its proposed 2027-2032 standards would cut emissions by 56%, or 13% annual average pollution cuts and result in 67% of new vehicles in 2032 being electric.
NHTSA estimates its proposal would cut gasoline consumption by 88 billion gallons through 2050. –Reuters
The NHTSA also estimates $18 billion of “combined benefits” would be realized as a result.
