On Wednesday, the Biden administration revealed new vehicle emissions standards, which could be the most stringent yet, as part of its efforts to encourage car manufacturers and consumers to switch to electric vehicles. The Environmental Protection Agency (EPA) is considering two new emissions rules, which are expected to ensure that electric vehicles make up 50% of new car sales by 2032. The administration predicts that these measures will “accelerate the clean vehicle transition” and decrease oil imports by 20 billion barrels.
“EPA estimates that by 2032, if finalized, the proposed rules could result in electrification of 67% of new sedans, crossovers, SUVs, and light trucks; 50% of new vocational vehicles (such as buses and garbage trucks); 35% of new short-haul freight tractors; and 25% of new long-haul freight tractors,” read a White House statement.
The statement continued, “As a car enthusiast and self-proclaimed car guy, President Biden is seizing the moment. His Investing in America agenda is expanding domestic manufacturing and accelerating adoption of zero-emission vehicles, including battery electric, plug-in hybrid electric, and fuel cell electric vehicles.”
Critics argue that tougher tailpipe emissions standards for gas-powered cars would mainly increase prices and make them less cost-effective compared to expensive electric alternatives. Gas-powered vehicles still account for over 90% of the market share of new vehicles, reflecting the fact that electric vehicles are more expensive. There are also concerns that the switch to electric vehicles could lead to major job losses in the auto industry
The EPA’s new emissions rules will encourage the production and sale of electric vehicles, which they hope will decrease greenhouse gas emissions and reduce reliance on imported oil.
