WASHINGTON D.C.: The Biden administration, on August 5, announced that it would reintroduce fuel economy standards eased during the Trump presidency and order auto manufacturers to meet vehicular mileage averaging 52 miles per gallon by 2026.
This strategy marks a major increase, as compared to Trump's proposed 43.3 mpg vehicular mileage by 2026.
President Joe Biden and former President Barack Obama consistently pressed for more stringent fuel economy standards, in a bid to lower emissions, in addition to combating the impacts of climate change.
During the Trump years, the government scaled back the rate to 1.5-percent yearly efficiency increases through 2026, as opposed to Obama's mandated five percent.
The Environmental Protection Agency stated that by 2026, The new vehicle fleet likely will continue to consist primarily of gasoline-fueled vehicles, while projecting electric vehicles to make up eight percent of car sales in the United States.
The agency estimates that these requirements will cost up to $240 billion, though offering fuel savings of $120 to $250 billion, as well as providing net gains reaching $86 to $140 billion by reducing pollution and improving the nation's health.