President Joe Biden will direct U.S. agencies to revise fuel economy standards and emissions restrictions, including those for passenger vehicles and airplanes, according to the latest reports.
In a recent post, Reuters states that Biden’s presidential transition team has indicated that the president-elect will reverse Trump-era energy rules, including a rollback on U.S. Corporate Average Fuel Economy (CAFE) standards, fulfilling a campaign promise to revise fuel economy standards established under the Trump administration.
The Trump administration previously set a 1.5-percent annual fuel efficiency increase through 2026, revising the 5-percent increase established under the Obama administration. The standards rollback was estimated to result in an increase in oil consumption of 2 billion additional barrels and 867 million metric tons of CO2 emitted into the atmosphere, according to the Trump administration.
Additionally, Biden will ask agencies to reexamine the revocation of California’s right to set its own statewide emissions standards and zero-emissions vehicle requirements. The Trump administration revoked the more stringent California standards in 2019.
Back in November, GM announced that it was withdrawing its support for the Trump administration’s legal fight to overturn California’s right to set more stringent emissions standards. California accounts for roughly 12 percent of the U.S. auto market.
Additionally, President Biden is expected to direct the EPA to reexamine new greenhouse gas emissions standards for airplanes published just a few weeks ago.
Among Biden’s priorities is spending for more than half a million new all-electric vehicle charging stations, as well as tax credits for new EV purchases and EV production.
GM has previously stated that it is gearing up to release 30 new EVs by 2025, two-thirds of which will be sold in North America. The automaker has pledged billions of dollars in investments into new EV and autonomous vehicle (AV) technologies.
In November, GM acknowledged Biden’s win in the U.S. presidential election and indicated that it was looking forward to “working with the new administration and incoming Congress on policies that support our customers, dealers and employers, help strengthen our manufacturing presence in the United States and advance [GM’s] vision of an all-electric, zero-emissions future.”