WASHINGTON, D.C. (August 28, 2012) Today, the White House finalized cleaner car standards that will increase fuel efficiency to the equivalent of 54.5 mpg for cars and light-duty trucks by 2025. Achieving this would nearly double the fuel efficiency of cars and pickup trucks on the road today and cut carbon emissions per vehicle mile traveled nearly in half. The BlueGreen Alliance released the following statement from Executive Director David Foster:
“These cleaner car standards will create 570,000 new jobs here in the U.S.—50,000 in parts manufacturing and vehicle assembly of light-duty vehicles alone—and add a net increase of about $75 billion in annual Gross Domestic Product by 2030 to the U.S. economy. Fuel savings consumers will see from these cleaner, more efficient cars and light trucks will far outweigh slightly higher costs for these advanced vehicles—benefiting workers, their families, and the economy as a whole.
“These standards are an incredible victory. Already, Americans are flocking to these more fuel-efficient cars, creating jobs here at home and reducing carbon pollution and our nation’s dependence on foreign oil.
“Supported by automakers, union members, environmental organizations, consumer groups and citizens across the country, this is truly an American success story—and a model for how government and industry can work together to achieve goals that benefit our economy and environment.“