President Donald Trump on Saturday cancelled a daunting Joe Biden environmental policy, reversing the former president’s stricter fuel economy rules aimed at promoting use of electric vehicles.
\n\nThe new rollback is playing out like a game of policy ping pong, as it was Biden who negated Trump’s first set of Corporate Average Fuel Economy (CAFÉ) reductions in his first term — rules that dictate the kind of mileage vehicles must get to be sold to consumers.
\n\nSince CAFE standards were established in 1975, they have been periodically revised to prompt automakers to make their vehicles more efficient.
\n\nIn his first term, Trump had reduced Barack Obama’ standards that required a five percent annual increase in efficiency to a 1.5 percent annual increase.
\n\nBiden pounced on the Trump policy, his administration eager to promote the manufacture and sales of electric vehicles to purportedly reduce carbon emissions and address what Biden repeatedly called the “existential threat” of climate change.
\n\n“Under the standards Biden put in place after taking office automakers would have had to increase the fuel efficiency of their passenger cars and light trucks to roughly 50 miles per gallon by 2031,” CNBC reported.
\n\nTrump portrayed that standard as expensive and…
Original source: https://www.breitbart.com/economy/
