Trump Today: ‘Assault’ on U.S. auto industry is over, president says

He spoke during a visit to the American Center for Mobility in Ypsilanti, Michigan aimed at reaching out to auto industry workers and management. “We’re going to be fair”. Together they have a revenue of more than US$1.2 trillion, according to sustainable investor network Ceres.

Young is the director of communications of the California Air Resources Board, the board that oversees California standards, which are by law allowed to be stricter than the federal rules.

“The anticipated announcement today does not roll back these standards”. To guarantee that the 2012 guidelines weren’t overzealous or underachieving, the EPA agreed that it would perform a midterm review before locking in the requirements for the final years of the plan.

EPAOn its way out the door in January, the Obama administration rushed to lock in the Environmental Protection Agency’s Corporate Average Fuel Efficiency (CAFE) standards at 54.5 miles per gallon for light duty vehicles by 2025. The “social cost of carbon”, a metric used by the Obama administration that takes into account societal impacts of global warming, will also be repealed.

Major auto companies have been pressuring the president for months to undo the determination made by the EPA in January that locked in proposed CAFE standards to 54.5 mpg by 2025.

“These standards are costly for automakers and the American people”, said EPA Administrator Scott Pruitt in a statement.

While the Trump administration has not flat-out said it wants to weaken the standards, the president campaigned on the promise of eliminating “job-killing” regulations. But the rules couldn’t take effect until the US government granted California a waiver under the federal Clean Air Act to impose standards that exceeded national standards.

“We owe $20 trillion with our policies”, the President said.

If the review eventually results in the standards being lowered, automakers potentially wouldn’t have to make as many cars with advanced carbon emission-cutting technology like hybrids, electrics and hydrogen fuel cells in order to hit the minimums.

Trump will unveil the review at an event in Detroit where he will meet with executives from companies, including General Motors, Ford and Fiat. You’re going to be very happy, believe me, ‘ he said. His own companies have not always followed that rule. “They know they can meet them”.

“Nearly three in four vehicles sold globally today are subject to existing fuel efficiency standards”, Jason Mathers of the Environmental Defense Fund wrote in a blog post Wednesday. The low prices hurt demand for more fuel-efficient cars. We will of course bring you the latest on that news as it develops. In fact, if new auto factories are to be built, they’re likely to be added in the US South, where numerous foreign automakers assemble cars.

Maas said his group is working with Assemblywoman Autumn Burke, D-Los Angeles, to create legislation that would offer a tax credit to trade in an internal combustion vehicle for a ZEV.