President Trump’s administration has fought to roll back Obama-era vehicle emissions standards since his inauguration, and a final version of the looser rules is expected to be revealed later this summer. But since the rollback faces a number of obstacles — likely including a long, drawn-out battle in the court system that could ultimately kneecap the effort — the administration has found another way to discourage automakers from increasing the fuel efficiency of their vehicles: lower the fines for missing the targets.
News dropped late Friday night that Trump wants the fines to revert back so that automakers only pay $5.50 for every tenth of a mile per gallon of fuel above federal standards that new cars consume — a price set in 1997,…
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Author: Sean O’Kane