Despite dramatic improvements in technology, average fuel efficiency standards in America were stuck at about 27.5 mpg for more than 20 years. In 2010, these were improved some (to 34.5 mpg for new vehicles sold by 2016), and fueled (pun intended!) a spate of new, more fuel-efficient vehicles.
In November, the EPA and National Highway Traffic Safety Administration went further, putting out new fuel efficiency standards for new cars and light trucks (even the Ford F-150) sold between 2017 and 2025, reaching an average of 54.5 mpg by 2025. Now that’s a tremendous improvement, and it has some real, positive bottom-line consequences, including:
- It will dramatically cut carbon pollution. Vehicles sold during the 2017 to 2025 period will emit 2 billion fewer tons of carbon dioxide over their lifetimes than they would if standards were frozen at the 2016 level. The average vehicle emissions of CO2 in 2025 would be equivalent to the average per passenger emissions for urban rail transit systems.
- It will increase our energy security and reduce our national debt. Vehicles sold from 2017 to 2025 will use 4 billion barrels less oil than their 2016 counterparts, limiting our dependence on imported oil and saving the nation $400 billion in negative trade balances at current oil prices.
- It will save consumers money. Although the 2025 vehicle is projected to cost $2,000 more than the 2016 car to meet these standards, 2025 car or truck owners will save $5,200 in fuels costs over the life of the vehicle. Fuel savings fully offset the added vehicle cost within four years.
- It will support auto industry jobs. In recent hearings on the standards, some auto dealers cited consumer interest in improved fuel efficiency. Auto manufacturers mostly support the standard, while noting the need for additional technological advances (creating opportunities for engineers). An auto workers’ union also called the standards “sensible, achievable,” and “good for the broader economy.”
And the standards may, just may, spur new models that help bridge the gender divide in family car-buying pursuits everywhere.
Just last month, in its article about “12 New Cars That Are Worth Waiting For,” the ultra-macho Popular Mechanics included five highly fuel-efficient models (at least by today’s standards) on its list.
Maybe we won’t have to wait until 2025 to find a vehicle that will please everyone in my household.
Sarene Marshall is the managing director for The Nature Conservancy’s Global Climate Change Team. She holds an MBA from the Wharton School of Business and an MA in International Studies from University of Pennsylvania, and is fluent in Spanish. Sarene, a mother of two, enjoys gardening and gourmet cooking.
[Image: Traffic in Singapore. Credit: Flickr user epSos.de via a Creative Commons license.]