4.4 • 9.5K Ratings
🗓️ 29 July 2019
⏱️ 22 minutes
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0:00.0 | Everyone loves a good secret. |
0:05.0 | And at the end of last week, we found out about a big one that involved Ford, the world's |
0:09.2 | biggest car companies, and their favorite state. |
0:12.9 | California has cut a deal with some major automakers to get around the Trump administration's |
0:17.3 | plan to roll back emissions. |
0:19.6 | Ford, Volkswagen, BMW, and Honda have all agreed to increase gas mileage and reduce greenhouse |
0:26.8 | gas emissions. |
0:28.2 | Rena Phillips has been covering the secret for the LA Times. |
0:30.9 | She says this all starts with an ambitious plan. |
0:33.8 | Maybe two ambitious. |
0:38.3 | The rules that we have right now are put in place under President Obama. |
0:42.0 | The companies here today have endorsed our plan to continue increasing the mileage on their |
0:47.0 | cars and trucks over the next 15 years. |
0:50.6 | We've set an aggressive target, and the companies here are stepping up to the plate. |
0:57.9 | By 2025, cars and SUVs, light duty trucks that are sold in the U.S. have to reach an average |
1:06.4 | fuel efficiency of about 50 miles per gallon. |
1:09.7 | This agreement on fuel standards represents the single most important step we've ever |
1:15.8 | taken as a nation to reduce our dependence on foreign oil. |
1:19.8 | Think about that. |
1:22.0 | And there are ways for car companies to meet those standards by earning credits by selling |
1:28.5 | electric vehicles. |
1:30.4 | How did automakers feel when the Obama administration imposed those higher standards? |
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