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The Environmental Protection Agency announced new emissions standards to slash tailpipe pollution, fight climate change, and accelerate the transition to electric vehicles.
The proposal, which was first reported over the weekend and released Wednesday, represents the most aggressive plan to reduce carbon emissions by an administration to date. Depending on how the auto industry responds, the EPA projects that the new standards could result in electric vehicles accounting for 67 percent of new light-duty vehicle sales and 46 percent of new medium-duty vehicle sales by 2032 — a dramatic increase over the current EV sales numbers of around 6 percent.
The Biden administration is portraying the proposal as a critical effort to reverse the…