“We finally demolished the Democrat climate insanity,” said (EPA) Environmental Protection Agency Administrator Lee Zeldin after announcing the Trump administration was eliminating an Obama 2009 greenhouse gas regulation that was put in place on car manufacturers to combat “climate change.”
The White House said it is the single largest deregulatory action in U.S. history.
Zeldin says it will save American taxpayers over $1.3 trillion and could lower the price of a vehicle for consumers by $2,400 dollars.
How bad were the Obama regulations on the automobile industry?
According to Bruce De Torres, Director of Communications for the American Small Business League, the regulations cost businesses trillions in compliance burdens, including fuel economy mandates, tailpipe standards, and reporting requirements.
“Rescinding it removes these hidden taxes on manufacturers, trucking companies, energy producers, and small businesses—lowering vehicle prices, reducing operational costs, and freeing capital for growth, hiring, and innovation,” said De Torres.
De Torres also says that eliminating greenhouse gas regulations will lower prices, make affordable gas-powered vehicles available again, reduce fleet costs for delivery/trucking firms, and lower the cost of goods transported by trucks—directly benefiting main street businesses and everyday consumers.
“It’s the end of uncertainty and compliance nightmares. Businesses no longer face endless EPA audits, emissions certifications, off-cycle credits paperwork, or mandates that distort markets (e.g., forcing EVs that sit unsold). This levels the playing field, especially for small and medium enterprises that couldn’t absorb the same costs as big corporations,” said De Torres.
Economic analyst predict the recent move by the EPA to dissolve these regulations will boost the economy by lower energy and transportation costs rippling through supply chains, manufacturing, agriculture, and retail—creating a more competitive U.S. economy and helping reverse inflation pressures on families and companies.
