Trump abandons plan to freeze fuel efficiency standards of cars
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The White House appears to be abandoning its plan to freeze the fuel efficiency standards of cars at 2020 levels, reversing a cornerstone policy of Trump’s campaign, reports The Wall Street Journal. The administration is now considering a 1.5 percent annual increase instead.
The move could leave General Motors, Toyota and Fiat Chrysler in a lurch. The companies sided with the president in a legal battle over whether California could set its own fuel economy standards. From the outside, it seemed they capitulated to his demands, rather than the overwhelming evidence that vehicle emissions need to be cut in order to protect against climate change. Now, they may have squandered a lot of goodwill and damaged their reputations without getting…