Aug 02, 2018
Freedom Partners Applauds Rule Setting New Fuel Economy Standards
Post by Freedom Partners
Arlington, VA – The Department of Transportation (DOT) and Environmental Protection Agency (EPA) today proposed a rule that recommends freezing fuel economy standards at 2020 levels. The measure would revoke a decision by the Obama administration to grant California authority to regulate automobile emissions under the Clean Air Act. The proposal also clarifies that only the federal government can set standards for fuel economy.
Freedom Partners Executive Vice President Nathan Nascimento issued the following statement:
“The administration is protecting consumers and workers from mandates that limit choice and make it more expensive for Americans to purchase a car. Stringent fuel economy standards harm all consumers, as well as our auto industry and the workers who power it. This is good news for domestic car manufacturers and the Americans they help get to work every day.”
A recent Heritage Foundation study found that the standards for 2016 model year cars cost consumers at least $3,800 per car, with this figure reaching $7,200 per vehicle for the 2025 car buyers. The analysts estimated that between 3.1 million to 14.9 million households would not have enough credit to purchase a new car under the current 2025 CAFE standards.
Freedom Partners has advocated for the repeal of many excessive regulations, issuing in February 2017 “A Roadmap to Repeal: Removing Regulatory Barriers to Opportunity,” which included calling for the repeal of greenhouse gas emissions and fuel efficiency standards. The report cites that the rule “has been ineffective in reducing greenhouse gas emissions and has resulted in thousands of dollars in per vehicle price increases.”