The Prague Post - Biden admin unveils strict auto standards to speed electric shift

EUR -
AED 4.305347
AFN 79.559727
ALL 96.963528
AMD 446.498005
ANG 2.098197
AOA 1075.01721
ARS 1679.640926
AUD 1.761827
AWG 2.113106
AZN 1.996083
BAM 1.954049
BBD 2.351013
BDT 142.052712
BGN 1.955153
BHD 0.442
BIF 3483.423204
BMD 1.17232
BND 1.500175
BOB 8.065773
BRL 6.317744
BSD 1.167259
BTN 103.209078
BWP 15.642184
BYN 3.951393
BYR 22977.462745
BZD 2.347616
CAD 1.622584
CDF 3362.796186
CHF 0.933874
CLF 0.028443
CLP 1115.815875
CNY 8.345333
CNH 8.346335
COP 4570.873839
CRC 588.380303
CUC 1.17232
CUP 31.066467
CVE 110.165815
CZK 24.349893
DJF 207.865513
DKK 7.464557
DOP 74.39429
DZD 152.089692
EGP 56.532061
ERN 17.584793
ETB 167.601763
FJD 2.622715
FKP 0.864159
GBP 0.865131
GEL 3.153737
GGP 0.864159
GHS 14.240179
GIP 0.864159
GMD 83.815974
GNF 10124.057745
GTQ 8.941949
GYD 244.211171
HKD 9.123107
HNL 30.576992
HRK 7.530393
HTG 152.854988
HUF 391.698328
IDR 19216.6617
ILS 3.901433
IMP 0.864159
INR 103.55743
IQD 1529.155868
IRR 49325.344045
ISK 143.199042
JEP 0.864159
JMD 186.894922
JOD 0.831205
JPY 172.819835
KES 151.041355
KGS 102.519862
KHR 4678.867307
KMF 491.794784
KPW 1055.030237
KRW 1628.556981
KWD 0.35798
KYD 0.972745
KZT 629.306837
LAK 25310.751777
LBP 104528.290244
LKR 352.290336
LRD 214.197152
LSL 20.486056
LTL 3.461555
LVL 0.709124
LYD 6.316394
MAD 10.539856
MDL 19.394539
MGA 5195.41106
MKD 61.484906
MMK 2460.780139
MNT 4216.647854
MOP 9.365668
MRU 46.387028
MUR 53.316745
MVR 18.059571
MWK 2024.112167
MXN 21.668571
MYR 4.933704
MZN 74.909984
NAD 20.486492
NGN 1760.026758
NIO 42.952062
NOK 11.575448
NPR 165.13714
NZD 1.965417
OMR 0.450759
PAB 1.167254
PEN 4.06176
PGK 4.94763
PHP 66.941764
PKR 331.335915
PLN 4.254121
PYG 8361.578823
QAR 4.254769
RON 5.070752
RSD 117.159226
RUB 99.060583
RWF 1691.406035
SAR 4.398103
SBD 9.64089
SCR 17.658014
SDG 705.153148
SEK 10.929013
SGD 1.503119
SHP 0.921259
SLE 27.414712
SLL 24582.951959
SOS 667.110762
SRD 46.626078
STD 24264.647322
STN 24.478379
SVC 10.214022
SYP 15242.360774
SZL 20.476913
THB 37.126775
TJS 11.071432
TMT 4.103118
TND 3.406633
TOP 2.74569
TRY 48.498738
TTD 7.928031
TWD 35.460908
TZS 2883.906138
UAH 48.246186
UGX 4097.328535
USD 1.17232
UYU 46.717939
UZS 14428.071538
VES 184.677336
VND 30935.1677
VUV 140.001741
WST 3.114758
XAF 655.378126
XAG 0.027862
XAU 0.000321
XCD 3.168252
XCG 2.103751
XDR 0.81508
XOF 655.375333
XPF 119.331742
YER 280.910761
ZAR 20.387991
ZMK 10552.276585
ZMW 27.810317
ZWL 377.48641
  • RBGPF

    0.0000

    77.27

    0%

  • SCS

    0.2800

    17

    +1.65%

  • RELX

    1.2000

    46.33

    +2.59%

  • CMSD

    0.0500

    24.39

    +0.21%

  • BCC

    3.1400

    89.01

    +3.53%

  • BCE

    0.1600

    24.3

    +0.66%

  • CMSC

    0.0800

    24.38

    +0.33%

  • NGG

    0.3900

    71.07

    +0.55%

  • RIO

    0.4400

    62.54

    +0.7%

  • GSK

    0.9800

    41.48

    +2.36%

  • JRI

    0.1000

    14.12

    +0.71%

  • AZN

    0.2900

    81.1

    +0.36%

  • RYCEF

    0.4600

    15.19

    +3.03%

  • BTI

    1.0500

    57.31

    +1.83%

  • VOD

    0.2100

    11.86

    +1.77%

  • BP

    -0.2900

    34.47

    -0.84%

Biden admin unveils strict auto standards to speed electric shift
Biden admin unveils strict auto standards to speed electric shift / Photo: JOE RAEDLE - GETTY IMAGES NORTH AMERICA/AFP

Biden admin unveils strict auto standards to speed electric shift

President Joe Biden's administration announced Wednesday revised pollution standards for cars and trucks meant to accelerate the US auto industry's shift to electric to mitigate climate change.

Text size:

The rules set ambitious emission reductions for 2032 but are moderated somewhat compared with preliminary standards unveiled last April. Following carmaker criticism, the final rules give manufacturers greater flexibility and ease the benchmarks in the first three years.

Those shifts were criticized as a sop to corporations from at least one environmental group, even as the final rule won praise from other leading NGOs focused on climate change.

The final rules -- which were described by administration official as "the strongest ever" and would likely be undone if Republican Donald Trump defeats Biden in November -- still require a nearly 50 percent drop in fleet-wide emissions in 2032 compared with 2026 through increased sales of electric vehicles (EVs) and low-emission autos.

The rules, which dovetail with other key Biden programs to build more EV charging stations and manufacturing facilities and incentivize EV sales, establish the environment as a significant point of difference in the 2024 presidential election.

Trump has mocked climate change as a problem and cast the transition to EVs as a job-killer that will benefit China at the expense of American workers.

Biden argues that US auto builders need to take the lead in the expanding EV market.

"I brought together American automakers. I brought together American autoworkers," said Biden in a statement. "Together, we've made historic progress."

Alluding to his target set three years ago that 50 percent of new vehicles in 2030 would be EVs, Biden predicted we'll meet my goal for 2030 and race forward in the years ahead."

- Industry given more time -

EVs accounted for 7.6 percent in 2023 sales, up from 5.9 percent in 2022, according to Cox Automotive.

The original proposal had envisioned the EV share surging to as much as 67 percent of new vehicle sales by 2032.

Carmakers, which are midway through sweeping, multi-billion-dollar investments to build more EV capacity, criticized the initial standards as overly-stringent. They cited the limited state of charging capacity in the United States that has dampened consumer demand, as well as difficulties in supply of metals and other raw materials for EV batteries.

Following input from the auto industry, organized labor and auto dealerships, Biden administration officials decided to allow manufacturers a "variety of pathways" to reaching the standard, a senior Biden administration official said Tuesday.

This path could include a mix of EVs, conventional but more fuel-efficient engines, and plug-in hybrid vehicles, which have seen a rise in demand of late.

Biden administration officials opted to soften year-to-year emissions improvements in the 2027-2030 period, while maintaining the same target in 2032.

Moderating the targets in these first three years "was the right call," said John Bozzella, president of the Alliance for Automotive Innovation, a Washington lobby representing carmakers.

"These adjusted EV targets -– still a stretch goal –- should give the market and supply chains a chance to catch up," said Bozzella, adding that the extra time will allow more EV charging stations to come on-line.

- Too many 'loopholes'? -

The final standards set a fleet-wide target of 85 grams of carbon dioxide in 2032, down from 170 in 2027, according to an administration fact sheet.

Wednesday's initiative won praise from leading environmental groups including the Sierra Club and NRDC, which said the new rules "take us in the right direction," according to a statement from NRDC chief Manish Bapna.

But Dan Becker, director of the climate transport campaign at the Center for Biological Diversity, slammed the adjusted rules as "significantly weaker."

"The EPA caved to pressure from Big Auto, Big Oil and car dealers and riddled the plan with loopholes big enough to drive a Ford F150 through," Becker said.

"The weaker rule means cars and pickups spew more pollution, oil companies keep socking consumers at the pump, and automakers keep wielding well-practiced delay tactics."

M.Soucek--TPP