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whitepaper
TRUMP’S FUEL ECONOMY STANDARD ROLLBACK WILL COST $450 BILLION THROUGH 2050, INCREASE EMISSIONS 11% THROUGH 2035
Media reports indicate the Trump Administration will propose freezing existing federal fuel economy standards for cars and SUVs at 2020 levels, thereby undoing fuel economy increases for model years 2022 to 2025 set by previous administrations. Energy Innovation’s modeling predicts that freezing these standards would damage the U.S. economy, costing a total of $450 billion (real 2018 U.S. dollars, discounted at three percent annually) through 2050. N/A DOWNLOAD