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U.S. Regulators, Carmakers Affirm Need for Single Efficiency Standards
Meetings on Wednesday between California regulators, federal officials and carmakers found agreement that the U.S. needs a single set of emissions and fuel economy rules.
#economics #regulations
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Meetings on Wednesday between the head of the California Air Resources board and federal regulators and carmakers found agreement that the U.S. should maintain a single set of emissions and fuel economy rules.
The parties came to no conclusions about how to achieve that result. But they agreed to hold further discussions, Bloomberg News reports.
The Trump administration is intent on at least postponing future standards for several years. California is equally determined to implement those regulations anyway. Carmakers support increasingly tough rules, but they want the severity and timing of future targets to reflect economy and market realities.
All three constituents hope to avert a protracted court battle over the regulations or a return to an era in which carmakers must meet two sets of standards, depending upon where their cars are sold.
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