Share to Twitter Share to Linkedin Fans of cleaner cars got an early Christmas present this week (or a late Hanukah gift) when the EPA announced on Dec. 20 that it was tightening fuel economy requirements for vehicles starting in the 2023 model year. The move will require a real-world EPA average of 40 miles per gallon by 2026 and effectively rolls back the Trump administration's decision in 2020 to loosen fuel economy targets. (The EPA formally said the standard for 2026 would be 55 miles per gallon, but that it translates into a real-world figure of 40 miles per gallon in stop-and-go traffic. Trump's mandates had put that real-world number at 32 MPG by 2026, while President Obama's rules set the number at 36 MPG). Critics of tougher regulations like these have often cited the higher costs for car companies to build green vehicles, which in turn will be passed down to consumers in the form of higher sticker prices at dealerships. Yet our research shows that consumers still support higher fuel economy standards. Prior to the Trump administration's move in 2020 to roll back the standard to 32 miles per gallon, Autolist.com surveyed current car shoppers about their… Read full this story
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Consumers Back Tough EPA Fuel Economy Rules–But Don’t Buy Efficient Cars have 301 words, post on www.forbes.com at December 21, 2021. This is cached page on Vietnam Colors. If you want remove this page, please contact us.