Standards for motor vehicles and light trucks accelerated this month when a whopping 35.5 mpg by 2016 requirement was set. The previous emissions requirement of 35 mpg by 2020 set by the Energy Independence and Security Act of 2007 just wasn’t enough for Obama.
The Environmental Protection Agency Administrator Lisa Jackson claims the savings of this advancement will be great for consumers. According to Jackson, the new accelerated standard would reduce oil consumption by about 1.8 billion barrels between 2012 and 2016, stop greenhouse gas emissions equivalent to that of 42 million cars, and save the average auto consumer more than $3,000 in fuel costs. – “That Clean Car Smell”
In other words, look forward to a cleaner environment and a heavier checkbook.