Zürcher Nachrichten - Biden admin unveils strict auto standards to speed electric shift

EUR -
AED 4.237535
AFN 72.121065
ALL 94.93196
AMD 424.957221
ANG 2.065932
AOA 1059.239324
ARS 1653.769787
AUD 1.649154
AWG 2.079824
AZN 1.967886
BAM 1.956038
BBD 2.322783
BDT 141.855413
BGN 1.926846
BHD 0.435253
BIF 3437.603294
BMD 1.153855
BND 1.485987
BOB 7.968969
BRL 5.95597
BSD 1.15324
BTN 110.378428
BWP 15.651972
BYN 3.183129
BYR 22615.565224
BZD 2.319482
CAD 1.613032
CDF 2626.174736
CHF 0.921982
CLF 0.0268
CLP 1054.785392
CNY 7.814774
CNH 7.821634
COP 4116.782877
CRC 526.464045
CUC 1.153855
CUP 30.577167
CVE 110.276982
CZK 24.190405
DJF 205.364983
DKK 7.474265
DOP 67.578221
DZD 154.048379
EGP 60.028863
ERN 17.307831
ETB 181.722007
FJD 2.567039
FKP 0.861813
GBP 0.86339
GEL 3.057941
GGP 0.861813
GHS 12.858564
GIP 0.861813
GMD 84.231139
GNF 10102.097612
GTQ 8.791031
GYD 241.209344
HKD 9.042228
HNL 30.831617
HRK 7.535365
HTG 150.738338
HUF 355.128409
IDR 20737.088684
ILS 3.415354
IMP 0.861813
INR 110.456499
IQD 1510.78379
IRR 1586753.056622
ISK 143.793666
JEP 0.861813
JMD 182.462197
JOD 0.818118
JPY 185.233052
KES 149.493432
KGS 100.904502
KHR 4644.585148
KMF 492.695985
KPW 1038.30281
KRW 1764.939194
KWD 0.356033
KYD 0.961121
KZT 563.24852
LAK 25388.088506
LBP 103276.063716
LKR 384.323423
LRD 209.898263
LSL 19.049752
LTL 3.407035
LVL 0.697956
LYD 7.3668
MAD 10.697562
MDL 20.07853
MGA 4840.588866
MKD 61.647424
MMK 2422.683862
MNT 4129.440791
MOP 9.309292
MRU 45.715967
MUR 55.234965
MVR 17.838259
MWK 1999.843284
MXN 20.07091
MYR 4.692729
MZN 73.729836
NAD 19.049835
NGN 1571.169826
NIO 42.444612
NOK 10.987068
NPR 176.607781
NZD 1.994237
OMR 0.443595
PAB 1.15324
PEN 3.923426
PGK 5.048549
PHP 70.750904
PKR 320.92556
PLN 4.25213
PYG 7084.800477
QAR 4.204511
RON 5.239542
RSD 117.340207
RUB 83.075427
RWF 1693.61337
SAR 4.332361
SBD 9.283428
SCR 15.783731
SDG 692.891994
SEK 10.992838
SGD 1.485854
SHP 0.86147
SLE 28.442579
SLL 24195.77258
SOS 659.083035
SRD 43.109212
STD 23882.476504
STN 24.502981
SVC 10.091096
SYP 127.538054
SZL 19.045234
THB 38.01896
TJS 10.754448
TMT 4.050032
TND 3.386112
TOP 2.778207
TRY 53.254943
TTD 7.836953
TWD 36.487217
TZS 3023.098745
UAH 51.823231
UGX 4347.491202
USD 1.153855
UYU 46.585062
UZS 13850.504883
VES 654.205065
VND 30376.97336
VUV 138.014559
WST 3.168353
XAF 656.039651
XAG 0.018115
XAU 0.000283
XCD 3.118352
XCG 2.078453
XDR 0.815574
XOF 656.028279
XPF 119.331742
YER 275.368006
ZAR 19.044094
ZMK 10386.082502
ZMW 19.922424
ZWL 371.540958
  • RBGPF

    2.0500

    60.72

    +3.38%

  • RYCEF

    0.0400

    16.65

    +0.24%

  • RIO

    2.1800

    101.24

    +2.15%

  • BCC

    -0.0500

    68.26

    -0.07%

  • BTI

    0.4100

    61.53

    +0.67%

  • GSK

    1.2000

    52.37

    +2.29%

  • BCE

    -0.1950

    24.515

    -0.8%

  • NGG

    1.1400

    81.52

    +1.4%

  • CMSC

    0.0000

    22.3

    0%

  • BP

    0.8150

    43.765

    +1.86%

  • RELX

    -0.4700

    33.51

    -1.4%

  • AZN

    1.9200

    180.88

    +1.06%

  • VOD

    0.1200

    15.17

    +0.79%

  • CMSD

    0.0350

    22.325

    +0.16%

  • JRI

    -0.0100

    12.85

    -0.08%

Biden admin unveils strict auto standards to speed electric shift
Biden admin unveils strict auto standards to speed electric shift / Photo: JOE RAEDLE - GETTY IMAGES NORTH AMERICA/AFP

Biden admin unveils strict auto standards to speed electric shift

President Joe Biden's administration announced Wednesday revised pollution standards for cars and trucks meant to accelerate the US auto industry's shift to electric to mitigate climate change.

Text size:

The rules set ambitious emission reductions for 2032 but are moderated somewhat compared with preliminary standards unveiled last April. Following carmaker criticism, the final rules give manufacturers greater flexibility and ease the benchmarks in the first three years.

Those shifts were criticized as a sop to corporations from at least one environmental group, even as the final rule won praise from other leading NGOs focused on climate change.

The final rules -- which were described by administration official as "the strongest ever" and would likely be undone if Republican Donald Trump defeats Biden in November -- still require a nearly 50 percent drop in fleet-wide emissions in 2032 compared with 2026 through increased sales of electric vehicles (EVs) and low-emission autos.

The rules, which dovetail with other key Biden programs to build more EV charging stations and manufacturing facilities and incentivize EV sales, establish the environment as a significant point of difference in the 2024 presidential election.

Trump has mocked climate change as a problem and cast the transition to EVs as a job-killer that will benefit China at the expense of American workers.

Biden argues that US auto builders need to take the lead in the expanding EV market.

"I brought together American automakers. I brought together American autoworkers," said Biden in a statement. "Together, we've made historic progress."

Alluding to his target set three years ago that 50 percent of new vehicles in 2030 would be EVs, Biden predicted we'll meet my goal for 2030 and race forward in the years ahead."

- Industry given more time -

EVs accounted for 7.6 percent in 2023 sales, up from 5.9 percent in 2022, according to Cox Automotive.

The original proposal had envisioned the EV share surging to as much as 67 percent of new vehicle sales by 2032.

Carmakers, which are midway through sweeping, multi-billion-dollar investments to build more EV capacity, criticized the initial standards as overly-stringent. They cited the limited state of charging capacity in the United States that has dampened consumer demand, as well as difficulties in supply of metals and other raw materials for EV batteries.

Following input from the auto industry, organized labor and auto dealerships, Biden administration officials decided to allow manufacturers a "variety of pathways" to reaching the standard, a senior Biden administration official said Tuesday.

This path could include a mix of EVs, conventional but more fuel-efficient engines, and plug-in hybrid vehicles, which have seen a rise in demand of late.

Biden administration officials opted to soften year-to-year emissions improvements in the 2027-2030 period, while maintaining the same target in 2032.

Moderating the targets in these first three years "was the right call," said John Bozzella, president of the Alliance for Automotive Innovation, a Washington lobby representing carmakers.

"These adjusted EV targets -– still a stretch goal –- should give the market and supply chains a chance to catch up," said Bozzella, adding that the extra time will allow more EV charging stations to come on-line.

- Too many 'loopholes'? -

The final standards set a fleet-wide target of 85 grams of carbon dioxide in 2032, down from 170 in 2027, according to an administration fact sheet.

Wednesday's initiative won praise from leading environmental groups including the Sierra Club and NRDC, which said the new rules "take us in the right direction," according to a statement from NRDC chief Manish Bapna.

But Dan Becker, director of the climate transport campaign at the Center for Biological Diversity, slammed the adjusted rules as "significantly weaker."

"The EPA caved to pressure from Big Auto, Big Oil and car dealers and riddled the plan with loopholes big enough to drive a Ford F150 through," Becker said.

"The weaker rule means cars and pickups spew more pollution, oil companies keep socking consumers at the pump, and automakers keep wielding well-practiced delay tactics."

D.Graf--NZN