The National Highway Traffic Safety Administration announced new federal fuel economy standards today, marking the latest step by the Biden administration to advance clean transportation. Ceres applauded these standards, highlighting their importance for meeting U.S. climate commitments and bolstering the nation’s economic competitiveness.
A 2021 Ceres analysis revealed that robust federal fuel economy standards are crucial for the long-term economic health of the U.S. auto industry. The analysis indicates that with strong standards, U.S. automakers will become more globally competitive, leading to greater job growth within the industry and its suppliers.
“We applaud the final fuel economy standards, which are another decisive step on the road toward a clean transportation future,” said Michael Kodransky, senior director of transportation at Ceres. “Increasing transportation efficiency is critical to achieving the nation’s climate and economic goals, and we commend the Biden administration for taking on all-hands-on-deck approach to this challenge. These standards will lower costs for consumers, reduce pollution, and improve air quality — including in frontline communities — while also attracting private investment that will lead to good-paying jobs throughout the country.”
“Thanks to the tax credits and strategic investments passed by Congress, the EPA’s vehicle emissions standards, and these new fuel economy standards, the U.S. is well-positioned to spearhead the global transition to clean transportation,” noted Zach Friedman, director of federal policy at Ceres. “Together, these policies are fostering the necessary environment to maximize investment in America and revitalize manufacturing, supply chains, and job opportunities across the nation.”
