Biden administration wants new vehicles to average 49 MPG by 2026 alanohnsman
The Biden Administration, which is pushing automakers to get more electric vehicles on the road, is setting higher fuel-economy rules that require the average new car or truck to get nearly 50 miles per gallon of gasoline by 2026 as part of efforts to cut carbon pollution and save consumers money.
The higher standard could reduce U.S. gasoline consumption by 234 billion gallons by 2050 and “means American families will be able to drive further before they have to fill up, saving hundreds of dollars per year,” Buttigieg said in a briefing in Washington on Friday. “These improvements will also make our country less vulnerable to global shifts in the price of oil, and protect communities by reducing carbon emissions by 2.5 billion metric tons.
The nationwide average cost of a gallon of gasoline is $4.215, up from $2.876 a year ago, according to. This week President Joe Biden announced plans to begin releasing 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve to help curb fuel prices in the short term.
Environmental groups such as the Natural Resource Defense Council support the new targets but want even more stringent ones. “Technological advancements, energy savings and consumer benefits justify even stronger standards,” said Luke Tonachel, NRDC’s director for clean vehicles and fuels. “The only way to escape the volatility of the global energy markets is to cut our reliance on oil.”
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