In a historic move, the Biden administration has announced new tailpipe emissions regulations, which call for a 56% reduction in the average carbon dioxide emissions of passenger cars, medium-duty vehicles and light-duty trucks by 2032.

The new rules will apply to vehicles with model years from 2027 to 2032 and beyond, a press release from the United States Environmental Protection Agency (EPA) said.

“With transportation as the largest source of U.S. climate emissions, these strongest-ever pollution standards for cars solidify America’s leadership in building a clean transportation future,” said EPA Administrator Michael S. Regan. “The standards will slash over 7 billion tons of climate pollution, improve air quality in overburdened communities, and give drivers more clean vehicle choices while saving them money.” 

The updated standards will provide almost $100 billion in net benefits to society annually, with $13 billion in public health benefits from improved air quality, and reduced fuel, repair and maintenance costs of $62 billion.

When the new rules have been completely phased in, they will provide an estimated $6,000 in fuel and […]