"Biden Administration Implements New Emissions Rules to Accelerate Electric Vehicle Adoption"

The Biden administration has announced new vehicle emissions standards aimed at cutting greenhouse gas emissions in half by 2032, with a slower implementation pace than initially proposed, in response to opposition from automakers and labor unions. The rules set performance standards for reducing greenhouse gases per mile, allowing for flexibility in meeting targets with hybrid vehicles also considered. Environmental groups have called for more aggressive action, but the administration hopes these rules, combined with financial incentives, will drive greater adoption of electric vehicles and contribute to the president's climate goals.