EPA announces strictest fuel efficiency standards ever, reversing Trump-era rollback

On Monday, the Biden administration finalized new fuel efficiency standards designed to limit greenhouse gas emissions put out by passenger vehicles. By 2026, the Environmental Protection Agency will require that automaker fleets travel an average of about 55 miles per gallon, up from the 37 miles per gallon standard they're held to as of this year. The agency estimates the policy will save American drivers between $210 billion and $420 billion through 2050 on fuel costs. Over the life of a mode...