On Thursday, President Joe Biden’s administration stated that it will propose to reverse Trump’s loosening vehicle emission rules. It will also introduce a new plan for efficiency improvement of 10% in 2023 model years and aim for fleet average of 52 MPG by 2026.

The proposal by the U.S. Environmental Protection Agency calls for a nearly 5% stringency rise in each model year between 2024 and 2026. It would not reverse the rollbacks of fuel efficiency standards made by former President Donald Trump for 2021 and 2022 model years.

This plan is a significant increase over Trump’s proposed for vehicle fuel efficiency of 43.3 mpg by 2026. According to the Biden administration, EPA rules will require a higher efficiency level by 2026 than what former President Barack Obama would have required through 2025.

Obama and Biden, both Democratic presidents, pushed for tighter fuel efficiency standards to combat climate change and reduce greenhouse gas emissions. Trump’s Republican administration reduced Obama’s efficiency standards to 1.5% per year through 2026. Obama had called for 5% annual increases.

According to the EPA, “the new vehicle fleet will likely continue to consist primarily gasoline-fueled vehicles through 2026.” The EPA estimates that electric vehicles and plug in hybrid electrics will account for 8 percent of all new U.S. car sales by 2026.

According to the EPA, the requirements will result in a cost of $150 billion to $240billion through 2025 due to higher vehicle costs. However, it will save motorists $120 billion-250 billion in fuel costs. It will also have net benefits of $86billion to $140billion including improved public health and lower pollution.

The proposal, according to the EPA, would reduce gasoline consumption by over 290 million barrels by 2050. This is a reduction of almost 10%.

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The Trump plan, according to the EPA, would increase U.S. oil consumption by approximately 500,000 barrels per daily in 2020.

According to the EPA, Americans will drive 449 Billion More Miles under the new rule, an increase of 0.5% due to lower fuel prices.

The EPA predicts that in 30 years, “total fatalities” will rise by 2,288, with 1,952 deaths due to increased driving and 336 deaths due to an increase in fatality risks.

The largest source of U.S. greenhouse emissions is in the transportation sector, which accounts for 29% of total US emissions. Light-duty vehicles account to 58% of transportation emissions.