Trumps Scores Big Win for Gas Guzzlers, but Not All Auto Giants Are On Board

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On Wednesday afternoon, Trump announced his intention to roll back former President Biden’s changes to the Corporate Average Fuel Economy (CAFE) standards in a move that oil industry groups like the American Petroleum Institute have been lobbying for months.

“Today, we’re taking one more step to kill the ‘Green New Scam,’” Trump said in a press briefing on Wednesday afternoon. “We’re officially terminating Joe Biden’s ridiculously burdensome, horrible actually, CAFE…



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Trumps Scores Big Win for Gas Guzzlers, but Not All Auto Giants Are On Board



On Wednesday afternoon, Trump announced his intention to roll back former President Biden’s changes to the Corporate Average Fuel Economy (CAFE) standards in a move that oil industry groups like the American Petroleum Institute have been lobbying for months.

“Today, we’re taking one more step to kill the ‘Green New Scam,’” Trump said in a press briefing on Wednesday afternoon. “We’re officially terminating Joe Biden’s ridiculously burdensome, horrible actually, CAFE…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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