The Trump Effect



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“With this proposal, the Trump EPA is proposing to end 16 years of uncertainty for automakers and American consumers,” said Zeldin. “Stakeholders have told me that the Obama and Biden EPAs twisted the law, ignored precedent, and warped science to … stick American families with hundreds of billions of dollars in hidden taxes every single year.”

Zeldin claims the repeal will save Americans as much as $50 billion annually on cheaper cars by slashing greenhouse gas emissions standards on vehicles, including the Biden electric vehicle mandate.

He was set to unveil the proposal in Indianapolis Tuesday with Secretary of Energy Chris Wright, Indiana Gov. Mike Braun, Attorney General Todd Rokita, Rep. Jim Baird, the Indiana Motor Truck Association, and the National Automobile Dealers Association.

“We heard loud and clear the concern that EPA’s greenhouse gas emissions standards themselves, not carbon dioxide which the Finding never assessed independently, was the real threat to Americans’ livelihoods,” said Zeldin.



Jeff Clark

@JeffClarkUS
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3h
EPA launches today what is, in my view, the largest proposed deregulatory action in American history.

Using state-of-the-art revealed-preference economic theory, estimates range from net present value savings to the national economy of $1.7 trillion to $8.2 trillion over the period between 2027 and 2055.

Today, EPA Administrator Zeldin and Department of Energy Secretary Wright announce in Indianapolis the proposed repeal of the 2009 Obama era “Endangerment Finding.”

Americans love their traditionally powered cars and trucks. Never forget that the Obama and Biden Admins tried to put us on a path to take them from us. The amount of vast consumer surplus generated by the gas-powered car literally fuels the American Dream.

Pleased to be part of the Trump 47 Administration!
 
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