CEO DATELINE - Business groups welcome review of auto emissions rules
CEO DATELINE - Business groups welcome review of auto emissions rules
- March 16, 2017 |
- Walt Williams
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President Donald Trump said Wednesday his administration would reopen a review of strict new fuel-economy standards enacted by his predecessor—an announcement that received praise from several business groups.
During a visit to Detroit, Trump declared the "assault on the American auto industry is over." His administration has proposed reviewing and potentially easing an Obama-era decision to increase U.S. mileage standards for new vehicles to 54.5 miles per gallon by 2025.
The new standards were meant to both shore up the nation's energy independence and decrease greenhouse gas emissions from automobiles. However, the auto industry argued there was little logic behind the new limits.
"By restarting this review, analysis rather than politics will produce a final decision consistent with the process we all agreed to under ‘One National Program' for (greenhouse gas) and fuel economy standards," said Mitch Bainwol, CEO of the Alliance of Automobile Manufacturers.
National Association of Manufacturers CEO Jay Timmons also commended the Trump administration for committing to a "review of these regulations using the best available data."
"You cannot overstate how important it is to get (the corporate average fuel economy) standards correct," Timmons said. "It is the right thing to do—not only for automobile manufacturers and their manufacturing supply chains but also for consumers and American families."
Praise also came from the U.S. Chamber of Commerce, which alleged the Obama administration "rushed the review" on the new standards.
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