⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

EPA confirms it will reopen review of 2025 fuel rules

Published 03/15/2017, 02:46 PM
© Reuters. A truck engine is tested for pollution near the Mexican-U.S. border in Otay Mesa, California

WASHINGTON (Reuters) - The Environmental Protection Agency confirmed on Wednesday it would reopen a review of whether the Obama administration's 2022-2025 vehicle emission rules are feasible, a win for automakers which have urged the Trump administration to reverse a January decision to uphold the standards.

© Reuters. A truck engine is tested for pollution near the Mexican-U.S. border in Otay Mesa, California

The EPA said it would make a determination by April 2018 after the Obama administration sought in January to lock in the rules. Environmentalists say the rules save fuel and reduce greenhouse gases. "These standards are costly for automakers and the American people," said EPA Administrator Scott Pruitt in a statement.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.