New Mileage Standards Proposed for 2025
Posted Tuesday, Nov 22, 2011 by
The Obama Administration has formally proposed a new set of automobile mileage standards it hopes to be in place by 2025. The White House hopes to have the entire U.S. auto fleet averaging 54.5 miles per gallon by the date. Currently, the popular Toyota Prius hybrid gets an average of 50 mpg.
The U.S. Department of Transportation (DOT) and the Environmental Protection Agency (EPA) would work closely with U.S. automakers to achieve these ambitious mileage standards. Benefits the country could expect to enjoy as a result of achieving this goal include:
- Reducing the nation’s oil consumption by 4 billion barrels over the lifetime of vehicles purchased between 2016 and 2025.
- Lowering greenhouse gas emissions by 2 billion tons over the same time period.
- Saving Americans more than $1.7 trillion in fuel costs at the pump — about $8,000 per vehicle by 2025.
- Reducing America’s oil consumption by 2.2 million barrels per day — enough to offset nearly a quarter of today’s foreign-oil imports.
These mileage standards are expected to be finalized by summer 2012.
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