With gas at $4.47 per gallon, Trump set to relax Biden-era emissions standards
The administration says looser mileage rules will lower sticker prices while critics warn the savings could be erased by higher fuel costs
The Trump administration is set to release new fuel economy standards on Monday that will relax regulations for automakers in order to reduce pollution from gasoline-powered cars and light trucks. President Donald Trump tweeted that the less stringent mileage requirements would save families thousands of dollars on a new car and boost U.S. auto production.
According to projections, the new standards would set the fleetwide average for light-duty vehicles at around 34.5 miles per gallon in 2031, down from 50.4 miles per gallon under the Biden administration's rules. The change comes as part of Trump's promise to undo policies that supported the production of electric vehicles. The administration and automakers claim the new rules will provide Americans with greater access to a variety of affordable gasoline vehicles.
However, environmentalists have criticized the decision, arguing that it undermines clean technology and will result in higher fuel costs for consumers.
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