White House Unveils First Truck Fuel Economy Standards

The Obama administration today finalized “the first ever fuel efficiency and emissions standards for commercial trucks, vans and buses, which is expected to save owners $50 billion in fuel costs over four years. The standards are expected to save the United States some 530 million barrels of oil over the same period beginning in 2014, according to senior administration officials.” Although the administration is not highlighting this fact, the rules are being set under the Clean Air Act as greenhouse gas pollution standards.