This is a handout to the US oil and gas industry and Us legacy auto. It also eventually kills US legacy auto (as China will consume global light vehicle TAM with cheap EVs). It’s maximizing short-term profits at the expense of long-term longevity.
Another “the US economy is being strip mined” data point.
> The National Highway Traffic Safety Administration’s final rule represents a win for the auto and oil industries that had complained the requirements effectively discouraged the sale of traditional gas-fueled combustion engines in favor of emission-free electric models. Automakers had argued the standards, which were toughened under Biden, were too aggressive and acted as an effective requirement to sell more EVs than the market would support.
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[ 0.24 ms ] story [ 9.8 ms ] threadAnother “the US economy is being strip mined” data point.
> The National Highway Traffic Safety Administration’s final rule represents a win for the auto and oil industries that had complained the requirements effectively discouraged the sale of traditional gas-fueled combustion engines in favor of emission-free electric models. Automakers had argued the standards, which were toughened under Biden, were too aggressive and acted as an effective requirement to sell more EVs than the market would support.
https://www.nhtsa.gov/sites/nhtsa.gov/files/2026-09/CAFE%20S...