"The Environmental Protection Agency (EPA) announced Tuesday a new set of fuel emission standards for work trucks, vans and over-the-road semi-trucks under the guise of protecting the climate.
The new standards, released by the Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA), will affect engine performance standards for truck model years 2018-2027, and for semi-trucks, large pickup trucks, vans, and all types and sizes of buses and work trucks.
The EPA and NHTSA said the new rules will also lower carbon emission levels by 1.1 billion metric tons, save vehicle owners $170 billion, and ratchet down oil consumption by two billion barrels over a vehicle’s lifetime.The agency also claimed the rules will provide $230 billion in societal benefits, including benefits to our climate. The benefits will also outweigh costs by about an eight to one ratio.
“These standards will not only benefit our climate, but also modernize America’s trucking fleet, cut costs for truckers, and help ensure the U.S trucking industry is a global leader in fuel efficient heavy duty vehicle technology,” EPA’s head administrator, Gina McCarthy, said in a press statement announcing the rule.
McCarthy does admit the regulations will likely increase the cost for a new truck, but suggested the additional cost would be “recouped within 2-4 years, saving truck owners more over the long haul.”"
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