At DOT we have been working to encourage safer, more innovative, and more cost effective ways to move goods across our nation’s highways. Today, President Obama introduced one more step toward that goal.
“While we were working to improve the efficiency of cars and light-duty trucks, something interesting happened,” said President Obama. “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.”
The 2014-2018 fuel efficiency standards for trucks are designed to account for the different kind of work done by different kinds of trucks. Long haul trucks will save an average of 4 gallons for fuel for every 100 miles traveled. Heavy-duty pickups and vehicles like buses, delivery trucks, or vans would save one gallon for every 100 miles traveled. Altogether, we're looking at saving a projected 530 million barrels of oil.
That is a huge benefit to truck owners and operators. Over the life of a new truck built to fit these standards, a semi-truck driver will see a net savings of $73,000 through reduced fuel costs. Will the technology required to meet these standards add to the cost of a new truck? Yes, but the fuel-savings will more than match that cost within one year of driving.
In fact, I'd call $50 billion in total fuel savings a significant win for a hard-working industry.
The new standards mean huge environmental benefits. The Environmental Protection Agency estimates that these new standards will cut greenhouse gas emissions by 270 million metric tons. This will yield an incredible $49 billion in dividends to our society. The standards will also reduce emissions of harmful air pollutants, which can lead to asthma, heart attacks and premature death. That's another significant win.
I am grateful to President Obama for introducing these standards. Right now, heavy-duty truck traffic on our nation’s roads accounts for six percent of our greenhouse gas emissions. But trucking is also the fastest-growing contributor to America's emissions, and that six percent will continue rising unless we act. Trucks also consume 12 percent of US oil use, so these standards should put a dent in our dependence on foreign oil and improve our energy security.
The standards the President announced today will provide a huge financial lift to America's truckers. Even better, by improving the way we transport goods, these steps move the nation in the right direction.
We need to conserve petroleum and work toward using only our fair share globally (world output times U.S. population divided by world population). It goes beyond global warming. The petroleum road, a few decades from now, you don't want to go there, even if today's food is grown with a 9 to 1 investment in petroleum to caloric energy. When Hubbert's Curve bottoms out, if petroleum means agriculture and agriculture means food and the petroleum output is petering out, logically it means resource war and the whole world is involved. Especially as we Americans consume an awful lot of calories, our petroleum footprint is huge.
Start saving petroleum and looking for alternative energy. The social change will require decades. Get started.
Posted by: Chris Marsh | August 09, 2011 at 12:20 PM
I can tell you from my personal experience as a truck driver the current EPA standards for DPF systems are crap. We spend way more in maintenance, and use much more fuel and oil maintaining our DPF truck than any other. Over the course of the 2 years we've had it, we've spent 10-100 times as much as we'd ever see in fuel savings.
YMMV
Posted by: Douglas Logsdon | August 09, 2011 at 03:59 PM
I always admire President Obama and his policies. Thanks for this standards for trucks, a huge benefit is expected output. It's really meaningful for many subjects, both in business as well as in society. We will together wait for benefits from these standards that President Obama introduced. Personally, I hope that this action will impact globally and contribute dramatically on the improvement of protecting environment through improving energy security.
Posted by: Luong Tam | August 10, 2011 at 12:33 AM
. Especially as we Americans consume an awful lot of calories, our petroleum footprint is huge.Start saving petroleum and looking for alternative energy. The social change will require decades. Get started.
Posted by: sports good | August 11, 2011 at 05:35 AM
So much wasted oil.. we need to change the energy model immediately. This is only a start...
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