New Cost-Saving Fuel Efficient Standards launched for Heavy Duty Trucks & Buses

| August 10, 2011 | 0 Comments

While we were working to improve the efficiency of cars and light-duty trucks, something interesting happened. We started getting letters asking that we do the same for medium and heavy-duty trucks.  They were from the people who build, buy, and drive these trucks.  And today, I’m proud to have the support of these companies as we announce the first-ever national policy to increase fuel efficiency and decrease greenhouse gas pollution from medium-and heavy-duty trucks.” — President Obama.

Addressing the growing need for a comprehensive fuel efficiency policy, the Obama Government recently announced the first-ever Fuel Efficiency Standards for Trucks through years 2014 and 2018. Another feather in the cap, these standards aim at saving as much as $50 billion during the execution of the program.

The U.S. Department of Transportation (DOT) and the Environmental Protection Agency (EPA) have developed these standards in close coordination with other companies directly in concern with the program.

Under this wide-ranging new national program, buses and trucks built in 2014 through 2018 will reduce oil consumption by a projected 530 million barrels and also, greenhouse gas (GHG) pollution by approximately 270 million metric tons.

A great boost to a regular semi- truck operator, these standards will help them pay for the technology upgrades in under a year and realize an approximate net savings of $73,000 with reduced fuel costs over the truck’s peak useful life span.

The standards not only establish cost saving techniques but also address environmental and health issues like reduction in harmful air pollutants leading to asthma, heart attacks etc.

Read the Official White-House Announcement here

Copy of Regulatory Announcement in October 2010

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