04/09/2020 - Caitlin McCoy

Gutting fuel economy standards during a pandemic is peak Trump

Tag: Vox

“But when we look at the numbers,” Caitlin McCoy, a staff attorney at Harvard’s Environmental & Energy Law Program, wrote in an analysis of the rule, “the vehicle purchase price would be reduced by $977 to $1,083 relative to the Obama rules, but the increased price at the pump of driving less fuel-efficient vehicles would be $1,423 to $1,461 (at 3% discount rate).” Even at a higher 7 percent discount rate, increased fuel costs outweigh vehicles savings in the most optimistic scenario.

Read Article