Tuesday, August 28, 2012

The Earth Wins One!

This is a historic week for U.S. consumers and for the future of our nation's costly oil use. The Obama administration just finalized fuel economy and global warming emissions standards for cars and light trucks sold in model years 2017-2025, which will roughly double the fuel efficiency of these vehicles.

On August 28, 2012, the Environmental Protection Agency and the National Highway Traffic Safety Administration issued a joint Final Rulemaking to extend the National Program of harmonized greenhouse gas and fuel economy standards to model year 2017 through 2025 passenger vehicles. Over the lifetime of the MY 2017-2025 standards, this program is projected to save approximately 4 billion barrels of oil and 2 billion metric tons of GHG emissions, with net benefits up to $451 billion.

Read all about the new regulations here on the EPA website.

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