May 21, 2010

Vehicle Emission Policy To Be Unveiled Today

President Barack Obama plans to unveil a new national policy on fuel efficiency and vehicle emissions on Friday, and is pushing for support in the development of electric cars.

The policy is directed toward medium- and heavy-duty trucks produced between 2014 and 2017. The policy is based on guidelines put into effect last year for light-duty trucks and cars.

Obama's policy calls for automakers, the Department of Transportation and the Environmental Protection Agency to work together to develop goals for better efficiency standards.

The White House said the policy will be good for consumers, workers and businesses as it cuts down costs associated with pollution, and will allow for a continuing wide range of buying options for new vehicles.

The standards set for cars and light-duty trucks sought to force automakers to increase efficiency in vehicles by 2016, four years earlier than required by federal law. The White House announced new auto regulations last May that it described as equivalent to taking 177 million cars off the road.

Covering mileage and carbon dioxide gas emission requirements for US cars and light trucks, the rules are to begin taking effect in 2012.

The Obama administration said the vehicle and light trucks regulations were projected to save 1.8 billion barrels of oil and reduce greenhouse gas emissions by 990 million tons, or the equivalent of closing 194 coal plants.


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