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Analyzing the EV Rule: Will the proposed rule save Americans $1.6 trillion as the EPA claims?

Title: Analyzing the EV Rule: Will the proposed rule save Americans $1.6 trillion as the EPA claims?
Authors: BONIFAS, PAUL1; CONSIDINE, TIM1
Source: Regulation. Winter2023/2024, Vol. 46 Issue 4, p22-27. 6p.
Subject Terms: *MAINTENANCE; *ECONOMIC research; ELECTRIC vehicles; FUEL
Company/Entity: UNITED States. Environmental Protection Agency
Abstract: The article focuses on the proposed Elecrtic Vehicle (EV) rule by the U.S. Environmental Protection Agency (EPA), questioning its claimed benefits. Topics include the EPA's optimistic projections of U.S. Dollars 1.6 trillion in net benefits through 2055, the authors' analysis revealing a projected net loss of U.S. Dollars 1.4 trillion, and specific discrepancies in the EPA's assumptions regarding fuel savings, vehicle technology costs, and maintenance savings.
Database: Business Source Premier