New Emissions Rules: EPA Proposes 60% Jump in EV, Saving the Country Trillions

New Emissions Rules: EPA Proposes 60% Jump in EV, Saving the Country Trillions | The Entrepreneur Review

The United States Environmental Protection Agency (EPA) has released new emissions rules aimed at reducing greenhouse gas emissions and promoting the use of electric vehicles. Under the new rules, the EPA is targeting 60% of new vehicle sales to be electric by 2030, a move that could save the US trillions of dollars in health and environmental costs.

The new emissions rules are part of President Biden’s plan to combat climate change and transition the country to a clean energy future. In addition to promoting electric vehicles, the rules also include regulations for reducing emissions from power plants, oil and gas drilling, and other industrial sources.

According to the EPA, the new rules will result in a significant reduction in greenhouse gas emissions, leading to a cleaner environment and healthier communities. The agency estimates that the new emissions rules could prevent up to 2,000 premature deaths and 50,000 cases of respiratory illness annually.

The EPA also estimates that the new rules will result in significant economic benefits. By transitioning to electric vehicles and reducing emissions from other sources, the agency believes that the US could save trillions of dollars in health and environmental costs. The transition to electric vehicles could also create new jobs and stimulate economic growth in the clean energy sector.

The move towards electric vehicles is not new. Many countries have already set ambitious targets for transitioning to electric vehicles. Norway, for example, has set a goal of phasing out the sale of fossil-fuelled cars by 2025. China has set a target of having electric cars account for 50% of all new car sales by 2035.

The United States has been slower to adopt electric vehicles, but the new emissions rules are expected to accelerate the transition. According to the International Energy Agency, electric cars accounted for only 2.6% of new car sales in the United States in 2020. However, the agency predicts that this number will increase to 30% by 2030 under the new rules.

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What is the impact of these new rules?

The new rules have been welcomed by environmental groups, who see them as a significant step towards combating climate change. However, the rules have also been met with opposition from some car manufacturers and other industries that would be affected by the regulations.

Some car manufacturers have expressed concern that the new rules will be difficult to meet, particularly given the current state of electric vehicle infrastructure in the United States. However, the EPA has stated that it will work with the industry to provide incentives and support for the transition to electric vehicles.

The new emissions rules also face potential legal challenges from opponents who argue that the EPA does not have the authority to set such targets. However, the Biden administration is expected to vigorously defend the rules, given their importance to the administration’s climate change agenda.

The release of the new emissions rules is a significant step towards transitioning the United States to a clean energy future. By promoting electric vehicles and reducing emissions from other sources, the new rules have the potential to significantly reduce greenhouse gas emissions and promote a healthier and more sustainable environment. While there may be challenges and opposition along the way, the importance of combatting climate change and promoting a clean energy future cannot be overstated.

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