The NRDC calculates that the change will have the net effect of reducing the average real world fuel economy of American automobiles by about 8 miles per gallon in 2025 relative to what it would be if Obama era standards were kept in place.
The Trump administration on Thursday unveiled its long-awaited proposal to dramatically weaken an Obama-era regulation designed to limit vehicle emissions, which contribute to climate change.
The Trump administration says people would drive more and be exposed to increased risk if their cars get better gas mileage, an argument intended to justify freezing Obama-era toughening of fuel standards.
Oil prices could spike as high as $200 per barrel over the next 18 months, which would cause an “economic crash of horrible proportions,” according to a new report.
Pushed by the tweeter-in-chief, Saudi Arabia has executed a supertanker-size U-turn, pushing barrels back onto the market.
U.S. Senator Chuck Grassley, along with a fellow Republican and two Democratic lawmakers, introduced legislation in the Senate that’s aimed at allowing the government to bring lawsuits against OPEC members for antitrust violations.
Oil prices could top all-time highs near $150 a barrel because energy companies are investing too little money in new production, Bernstein Research said.
California greenhouse gas emissions fell below 1990 levels, meeting an early target years ahead of schedule and putting the state well on its way toward reaching long-term goals to fight climate change.
The highest retail gasoline prices in years are the latest development to raise concerns about one of the longest-running U.S. economic expansions on record.
The 2010 Deepwater Horizon oil spill disaster may have had a lasting impact upon even the smallest organisms in the Gulf of Mexico, scientists have found — amid warnings that the oceans around America are also under fresh assault.
