Friday, August 12, 2011

President Obama Announces First Ever Fuel Economy Standards for Commercial Vehicles

President Obama today will announce new fuel efficiency standards that will save American businesses that operate and own commercial vehicles approximately $50 billion in fuel costs over the life of the program. These work trucks, buses, and other medium- and heavy duty vehicleswill be required to meet fuel efficiency and greenhouse gas emission standards for the first time ever beginning in 2014.

The U.S. Department of Transportation (DOT) and the Environmental Protection Agency (EPA) developed the standards in close coordination with the companies that met with the President today as well as other stakeholders, following requests from companies to develop this program.

“While we were working to improve the efficiency of cars and light-duty trucks, something interesting happened,” said President Obama.  “We started getting letters asking that we do the same for medium and heavy-duty trucks.  They were from the people who build, buy, and drive these trucks.  And today, I’m proud to have the support of these companies as we announce the first-ever national policy to increase fuel efficiency and decrease greenhouse gas pollution from medium-and heavy-duty trucks.”

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Source: http://www.whitehouse.gov/blog/2011/08/09/president-obama-announces-first-ever-fuel-economy-standards-commercial-vehicles

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