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IPFS News Link • Energy

The Shocking Truth About Biden's Proposed Energy Fuel Standards

• Mish Talk

The Wall Street Journal reports: Buried deep on Page 56,342 of volume 88 of the Federal Register, the agency makes this concession about its latest proposed rules: "Net benefits for passenger cars remain negative across alternatives." In plain English, this means that mandating ever-more-stringent fuel economy for passenger cars will harm society.

No-Action and Action Alternatives

• Alt. PC1LT3: 1 percent increase per year, year over year for Model Year (MY) 2027–2032 passenger cars, and 3 percent per year, year over year for MY 2027–2032 light trucks

• Alt. PC2LT4: 2 percent increase per year, year over year for MY 2027–2032 passenger cars, and 4 percent per year, year over year for MY 2027–2032 light trucks (Alternative PC2LT4 is NHTSA's Preferred Alternative)

• Alt. PC3LT5: 3 percent increase per year, year over year for MY 2027–2032 passenger cars, and 5 percent per year, year over year for MY 2027–2032 light trucks

• Alt. PC6LT8: 6 percent increase per year, year over year for MY 2027–2032 passenger cars, and 8 percent per year, year over year for MY 2027–2032 light trucks


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