President Obama’s EPA is at it again, proposing costly new regulations that will drive up the cost of everything for everyone. This time it’s regulations on truckers.
The Obama administration on Friday proposed tough new standards to improve fuel efficiency and reduce carbon dioxide pollution from trucks and vans, the latest move by President Barack Obama to address global warming.
The new rules are designed to slash heat-trapping carbon emissions by 24 percent by 2027 while reducing oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the rule.
Medium and heavy-duty vehicles account for about 20 percent of greenhouse gas emissions and oil use in the U.S. transportation sector, polluting the air and contributing to climate change. The trucks and vans comprise only 5 percent of vehicles on the road. (snip)
Transportation Secretary Anthony Foxx said the new rules would help the environment and the economy, as trucks use less fuel and shipping costs go down. Foxx called the rules "good news all around." (Read More)
Oh sure, right, this is just great news, unless you happen to be one of those people who buy things shipped on trucks.
The proposed standards would cover model years 2021-2027 and apply to semi-trucks, large pickup trucks and vans, and all types and sizes of buses and work trucks, officials said.
The National Automobile Dealers Association and American Truck Dealers blasted the rule, saying it would add an average of nearly $ 12,000 to the cost of a new truck.
"Recent history has shown that mandates with underestimated compliance costs result in substantially higher prices for commercial vehicles, and force fleet owners and operators to seek out less-expensive and less fuel-efficient alternatives in the marketplace," the groups said in a statement.
Who do they think the extra $ 12,000 per truck will be passed along to?
The cost of the trucks will increase, which will be passed on to consumers, much as it has with car fuel mandates.
Lets also consider that better MPG often means driving more, which would do nothing for CO2 output. (Read More)
So the rule will have little effect on CO2 output, which means they will just continue imposing more regulations on the US economy and making it harder for most Americans to make ends meet.
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