US President Trump proposed on Wednesday local time to cut fuel economy standards finalized by former President Joe Biden last year to make it easier for car manufacturers to sell gasoline-powered cars. Trump's move is aimed at undoing a landmark Biden move on climate issues as he tries to encourage more people to buy electric cars.” “People want gas cars,” Trump said. The US National Highway Traffic Safety Administration has proposed a drastic reduction in fuel economy requirements for models from 2022 to 2031. By 2031, the average driving requirement is 34.5 miles per gallon, which is less than 50.4 miles per gallon. The US National Highway Traffic Safety Administration is proposing to lower fuel economy standards for 2022 and then increase by 0.25% to 0.5% each year until 2031. In 2022, under Biden's leadership, NHTSA will increase fuel efficiency of 2024-2025 models by 8% per year and 10% in 2026. According to NHTSA estimates, the proposed rules will reduce the average upfront cost of a car by $930, but fuel consumption will increase by about 100 billion gallons by 2050, which will cost Americans an additional $185 billion in fuel costs and increase carbon dioxide emissions by about 5%.

US President Trump proposed on Wednesday local time to cut fuel economy standards finalized by former President Joe Biden last year to make it easier for car manufacturers to sell gasoline-powered cars. Trump's move is aimed at undoing a landmark Biden move on climate issues as he tries to encourage more people to buy electric cars.” “People want gas cars,” Trump said. The US National Highway Traffic Safety Administration has proposed a drastic reduction in fuel economy requirements for models from 2022 to 2031. By 2031, the average driving requirement is 34.5 miles per gallon, which is less than 50.4 miles per gallon. The US National Highway Traffic Safety Administration is proposing to lower fuel economy standards for 2022 and then increase by 0.25% to 0.5% each year until 2031. In 2022, under Biden's leadership, NHTSA will increase fuel efficiency of 2024-2025 models by 8% per year and 10% in 2026. According to NHTSA estimates, the proposed rules will reduce the average upfront cost of a car by $930, but fuel consumption will increase by about 100 billion gallons by 2050, which will cost Americans an additional $185 billion in fuel costs and increase carbon dioxide emissions by about 5%.