UPDATE 1-US finalizes new tailpipe emissions limits for heavy duty vehicles [Yahoo! Finance]
Cummins Inc. (CMI)
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Source: Yahoo! Finance
The U.S. government said on Friday it was finalizing tighter tailpipe emissions standards for heavy duty vehicles like semi-trucks and buses, but the new rules would not be as strict as initially proposed in 2023. The Environmental Protection Agency (EPA) said the new rules setting standards for the 2027 through 2032 model years will avoid 1 billion tons of greenhouse gas emissions through 2055 and provide $13 billion in annualized net benefits to society. In contrast, the EPA had said its tougher proposed rules last year would have prevented 1.8 billion tons of emissions. The new standards apply to delivery trucks, garbage trucks, public utility trucks, transit, shuttle, and school buses and tractor-trailer trucks. The final standards tighten requirements at a slower pace and delay the start of new rules for day cab tractors and some heavy-duty vocational vehicles, the EPA said. Heavy duty vehicles account for 25% of all greenhouse gas emissions from the transportation secto
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CMI
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