Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gasprices - Twenty-five Republican-led states sued the U.S. Environmental Protection Agency on Thursday to block rules intended to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing, Kentucky's attorney general said, arguing the agency exceeded its legal authority.The lawsuit challenging the regulations for passenger vehicles was filed in the U.S.
The EPA has forecast that between 35% and 56% of new vehicles sold between 2030 and 2032 would be electric under the rules – a range that reflected the flexibility EPA has said automakers have to pursue different pollution-cutting technologies. The EPA regulations are among the most significant environmental rules implemented under Biden, who has made tackling climate change a key pillar of his presidency.
The EPA said the final rule cuts emissions by 49% by 2032 over 2026 levels compared with 56% under its previous plan. EPA chief Michael Regan said the rule impose"absolutely no mandate" on manufacturers to adopt electric vehicles.
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