Accelerating Change: US Implements Toughest Climate Rules Yet, Boosting Electric Cars
By Dabbie Davis
Mar 30, 2024 04:40 AM EDT
According to the US EPA's proposed new exhaust pollution laws, up to 67% of all new cars sold in the US may need to be electric by 2032. EV sales will make up about half of all car sales by 2030, as President Joe Biden had previously pledged. The nation's shift to sustainable energy sources would be accelerated by these new legislation.
Anticipated Sales Boost, Hybrid, Electric Cars
With the release of a latest climate law last Wednesday, it is anticipated that a significant share of new car sales in the US will be hybrid or electric by 2032. This historic declaration is hailed as a significant advancement in the country's environmental policy framework and a turning point in its history.
SEMAFOR reported a significant portion of new vehicle purchases in the United States is predicted to comprise hybrid or electric cars by 2032, as outlined in a groundbreaking climate directive unveiled earlier this week. Despite representing a more gradual transition than initially proposed by the Environmental Protection Agency, these revised tailpipe emission regulations signal a victory for the Biden administration, which champions electric vehicles as a key player in combating climate change.
The Environmental Protection Agency's earlier proposal called for a more abrupt shift, but these updated tailpipe emission limits mark a success for the Biden administration, which supports electric vehicles as a vital component in the fight against climate change.
In order to create a more environmentally friendly future, this deliberate move towards greener mobility is in line with the administration's objective to supporting sustainability and innovation in the automobile industry. Presidency Joe Biden underscored the significance of these new vehicle pollution regulations, stressing the vital role that American workers have played in leading the way in the manufacture of environmentally friendly cars and trucks that are all proudly branded "Made in America."
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Reported by The New York Times, these updated emissions limits are poised to revolutionize the American auto industry, propelling electric car sales from their current standing at less than 8% of new vehicle transactions to a lofty target of 56%. This ambitious goal reflects a paradigm shift in consumer preferences towards more environmentally conscious modes of transport, driving the rapid growth of the electric vehicle market in the years to come.
Toughest Emission Rules
As reported in CNBC,despite the recent uptick in electric vehicle (EV) sales within the U.S., EV transactions constituted only 5.8% of the total 13.8 million new vehicle purchases made in the country last year, a notable increase from the previous year's 3.1%, as reported by the Kelley Blue Book. The United States stands as the third-largest market globally for EV adoption, following China and Europe in terms of market size and growth.
The car industry will be forced to raise EV sales in order to comply with the new regulations, as the proposed laws specify emission criteria for automobiles rather than a specific annual target for EV sales. By 2055, these measures are expected to reduce carbon emissions by over 10 billion tons, which is more than twice as much as what the US released in 2022, according to EPA projections. This deliberate effort demonstrates how crucial electric vehicles (EVs) are to slowing down climate change and guiding the auto sector toward a greener future.
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