The National Highway Traffic Safety Administration (NHTSA) has proposed a new fuel economy standard that would require new vehicles to achieve an average of 58 mpg by 2032. The proposal, which is still in the early stages, would represent a significant increase from the current standard of 49 mpg.

The NHTSA’s proposal is part of a broader effort by the Biden administration to reduce greenhouse gas emissions and improve fuel efficiency. The administration has also proposed stricter emissions standards for power plants and heavy-duty vehicles.

The proposed fuel economy standard would be phased in gradually, starting with an increase to 52 mpg in 2027. The standard would then increase by 2% per year until it reaches 58 mpg in 2032.

The NHTSA estimates that the proposed standard would save consumers $1.7 trillion in fuel costs over the lifetime of the vehicles. The standard would also reduce greenhouse gas emissions by 220 million metric tons per year.

However, there are also some potential drawbacks to the proposed fuel economy standard. For example, the standard could lead to higher vehicle prices, as automakers would need to invest in new technologies to meet the standard. The standard could also lead to job losses in the automotive industry, as some manufacturers may be forced to close plants or lay off workers.

In addition, the proposed standard may not be as effective as the administration hopes. For example, the standard does not take into account the increasing popularity of electric vehicles. As electric vehicles become more popular, they will offset some of the emissions reductions from the proposed fuel economy standard.

The proposed fuel economy standard is a complex issue with both potential benefits and drawbacks. It is important to weigh the pros and cons of the standard carefully before making a decision.

What do you think? Do you think the proposed fuel economy standard is a good idea? Or do you think it has some potential drawbacks?