In the news
The Nov. 17 story, "Savings seen in new fuel standards" did an excellent job outlining the consumer savings and environmental benefits of the new fuel economy standards proposed by the Obama administration.
We must not underestimate the magnitude of these savings. The higher fuel economy standards will require all new cars and light trucks sold in 2025 to average at least 54.5 miles a gallon. According to analysis by the National Resources Defense Council, this will save Americans more than an estimated $80 billion annually by 2030, and cut gasoline consumption by as much as 23 billion gallons a year.
Higher fuel economy standards are not only pocketbook-friendly, but also environmentally sound. The NRDC predicts that the new standards will cut annual greenhouse gas emissions by as much as 280 million metric tons — which would make the standards the single biggest step the United States has ever taken to fight global warming.
The Obama administration's higher fuel economy standards are a victory for consumers and environmentalists alike. However, to ensure that Americans receive the full economic and environmental savings, we must urge the administration to remain resolute and keep the standards strong and loophole-free.
Environment New York