(VIDEO) Trump Announces Termination of Obama-Era "finding-nd-why-rump-killing-it-will-have-huge-effects-on-the-auto-industry'>Endangerment Finding" on Greenhouse Gasses, Repealing Auto Stop-Start Feature and Green Emissions Standards in Cars - Obama Responds! is drawing significant interest across the industry.
President Trump announced on Thursday with Environmental Protection Agency EPA Administrator Lee Zeldin, that his administration is terminating Obama’s climate-based regulations on automobiles that classified greenhouse gases as a threat to public health. Trump said the Obama EPA’s “endangerment finding” was the precursor used to introduce “the massive and really, very expensive electric vehicle mandate.” It further mandated the automatic engine start-stop feature on newer cars, which Trump says he is ending, along with “all additional green emission standards imposed unnecessarily on vehicle models and engines between 2012 and 2027 and beyond.” The policy classified greenhouse gases and car emissions as public health threats, which Trump says “severely damaged the American auto industry and massively drove up prices for American consumers.” “This action will eliminate over $1.3 trillion of regulatory costs and help bring car prices tumbling down dramatically,” Trump
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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