The Fort Worth Press - Biden admin unveils strict auto standards to speed electric shift

USD -
AED 3.673104
AFN 64.000368
ALL 80.950403
AMD 369.010403
ANG 1.789884
AOA 918.000367
ARS 1398.655759
AUD 1.37874
AWG 1.8025
AZN 1.70397
BAM 1.662466
BBD 2.013854
BDT 122.689218
BGN 1.668102
BHD 0.377404
BIF 2975
BMD 1
BND 1.267973
BOB 6.9098
BRL 4.915095
BSD 0.999873
BTN 94.420977
BWP 13.425192
BYN 2.825886
BYR 19600
BZD 2.010964
CAD 1.36705
CDF 2265.000362
CHF 0.776955
CLF 0.022646
CLP 891.290396
CNY 6.80075
CNH 6.796265
COP 3750.48
CRC 459.648974
CUC 1
CUP 26.5
CVE 94.050394
CZK 20.636704
DJF 177.720393
DKK 6.340404
DOP 59.350393
DZD 132.260393
EGP 52.744691
ERN 15
ETB 157.303874
EUR 0.84804
FJD 2.18304
FKP 0.734821
GBP 0.73346
GEL 2.67504
GGP 0.734821
GHS 11.29039
GIP 0.734821
GMD 73.503851
GNF 8780.000355
GTQ 7.634866
GYD 209.223551
HKD 7.83175
HNL 26.620388
HRK 6.393304
HTG 130.919848
HUF 300.190388
IDR 17377.45
ILS 2.901304
IMP 0.734821
INR 94.425504
IQD 1310
IRR 1311500.000352
ISK 122.010386
JEP 0.734821
JMD 157.601928
JOD 0.70904
JPY 156.66204
KES 129.180385
KGS 87.420504
KHR 4010.00035
KMF 418.00035
KPW 899.950939
KRW 1461.920383
KWD 0.30766
KYD 0.833358
KZT 462.122307
LAK 21955.000349
LBP 89550.000349
LKR 321.915771
LRD 183.503772
LSL 16.390381
LTL 2.95274
LVL 0.60489
LYD 6.325039
MAD 9.12038
MDL 17.099822
MGA 4165.000347
MKD 52.252978
MMK 2099.606786
MNT 3578.902576
MOP 8.06268
MRU 39.945039
MUR 46.820378
MVR 15.403739
MWK 1742.000345
MXN 17.177604
MYR 3.921039
MZN 63.910377
NAD 16.390377
NGN 1365.000344
NIO 36.715039
NOK 9.209304
NPR 151.087386
NZD 1.675884
OMR 0.384942
PAB 0.999962
PEN 3.434504
PGK 4.350375
PHP 60.515038
PKR 278.650374
PLN 3.59545
PYG 6107.687731
QAR 3.640374
RON 4.426304
RSD 99.473038
RUB 74.240007
RWF 1460.5
SAR 3.782036
SBD 8.019432
SCR 13.958442
SDG 600.503676
SEK 9.215704
SGD 1.267304
SHP 0.746601
SLE 24.650371
SLL 20969.496166
SOS 571.503662
SRD 37.399038
STD 20697.981008
STN 21.15
SVC 8.749309
SYP 110.543945
SZL 16.370369
THB 32.203038
TJS 9.329718
TMT 3.5
TND 2.866038
TOP 2.40776
TRY 45.349038
TTD 6.776593
TWD 31.316038
TZS 2598.394038
UAH 43.92104
UGX 3746.547108
UYU 39.879308
UZS 12135.000334
VES 499.23597
VND 26308
VUV 118.026144
WST 2.704092
XAF 557.575577
XAG 0.012439
XAU 0.000212
XCD 2.70255
XCG 1.802048
XDR 0.695511
XOF 557.503593
XPF 101.625037
YER 238.625037
ZAR 16.380704
ZMK 9001.203584
ZMW 19.037864
ZWL 321.999592
  • RIO

    2.2700

    105.38

    +2.15%

  • RBGPF

    0.7000

    63.61

    +1.1%

  • GSK

    -0.0900

    50.41

    -0.18%

  • RYCEF

    -0.4100

    16.37

    -2.5%

  • RELX

    0.0759

    33.58

    +0.23%

  • CMSC

    0.1400

    23.11

    +0.61%

  • BTI

    0.2000

    58.28

    +0.34%

  • JRI

    0.0000

    13.15

    0%

  • VOD

    0.5100

    16.2

    +3.15%

  • CMSD

    0.1140

    23.534

    +0.48%

  • BCC

    -2.0900

    70.67

    -2.96%

  • NGG

    0.9800

    86.89

    +1.13%

  • BCE

    -0.4300

    24.14

    -1.78%

  • BP

    -0.4700

    43.34

    -1.08%

  • AZN

    0.3300

    182.85

    +0.18%

Biden admin unveils strict auto standards to speed electric shift
Biden admin unveils strict auto standards to speed electric shift / Photo: © GETTY IMAGES NORTH AMERICA/AFP

Biden admin unveils strict auto standards to speed electric shift

President Joe Biden's administration announced Wednesday revised pollution standards for cars and trucks meant to accelerate the US auto industry's shift to electric to mitigate climate change.

Text size:

The rules set ambitious emission reductions for 2032 but are moderated somewhat compared with preliminary standards unveiled last April. Following carmaker criticism, the final rules give manufacturers greater flexibility and ease the benchmarks in the first three years.

Those shifts were criticized as a sop to corporations from at least one environmental group, even as the final rule won praise from other leading NGOs focused on climate change.

The final rules -- which were described by administration official as "the strongest ever" and would likely be undone if Republican Donald Trump defeats Biden in November -- still require a nearly 50 percent drop in fleet-wide emissions in 2032 compared with 2026 through increased sales of electric vehicles (EVs) and low-emission autos.

The rules, which dovetail with other key Biden programs to build more EV charging stations and manufacturing facilities and incentivize EV sales, establish the environment as a significant point of difference in the 2024 presidential election.

Trump has mocked climate change as a problem and cast the transition to EVs as a job-killer that will benefit China at the expense of American workers.

Biden argues that US auto builders need to take the lead in the expanding EV market.

"I brought together American automakers. I brought together American autoworkers," said Biden in a statement. "Together, we've made historic progress."

Alluding to his target set three years ago that 50 percent of new vehicles in 2030 would be EVs, Biden predicted we'll meet my goal for 2030 and race forward in the years ahead."

- Industry given more time -

EVs accounted for 7.6 percent in 2023 sales, up from 5.9 percent in 2022, according to Cox Automotive.

The original proposal had envisioned the EV share surging to as much as 67 percent of new vehicle sales by 2032.

Carmakers, which are midway through sweeping, multi-billion-dollar investments to build more EV capacity, criticized the initial standards as overly-stringent. They cited the limited state of charging capacity in the United States that has dampened consumer demand, as well as difficulties in supply of metals and other raw materials for EV batteries.

Following input from the auto industry, organized labor and auto dealerships, Biden administration officials decided to allow manufacturers a "variety of pathways" to reaching the standard, a senior Biden administration official said Tuesday.

This path could include a mix of EVs, conventional but more fuel-efficient engines, and plug-in hybrid vehicles, which have seen a rise in demand of late.

Biden administration officials opted to soften year-to-year emissions improvements in the 2027-2030 period, while maintaining the same target in 2032.

Moderating the targets in these first three years "was the right call," said John Bozzella, president of the Alliance for Automotive Innovation, a Washington lobby representing carmakers.

"These adjusted EV targets -– still a stretch goal –- should give the market and supply chains a chance to catch up," said Bozzella, adding that the extra time will allow more EV charging stations to come on-line.

- Too many 'loopholes'? -

The final standards set a fleet-wide target of 85 grams of carbon dioxide in 2032, down from 170 in 2027, according to an administration fact sheet.

Wednesday's initiative won praise from leading environmental groups including the Sierra Club and NRDC, which said the new rules "take us in the right direction," according to a statement from NRDC chief Manish Bapna.

But Dan Becker, director of the climate transport campaign at the Center for Biological Diversity, slammed the adjusted rules as "significantly weaker."

"The EPA caved to pressure from Big Auto, Big Oil and car dealers and riddled the plan with loopholes big enough to drive a Ford F150 through," Becker said.

"The weaker rule means cars and pickups spew more pollution, oil companies keep socking consumers at the pump, and automakers keep wielding well-practiced delay tactics."

L.Rodriguez--TFWP