U.S. Drivers To Save $68 Billion by 2030 Under Obama's 54.5 MPG Standard

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Do it For the Earth, Or At Least for the Money...

Cleaning up our air, water, ground. Stabilizing our climate. Making life better for people all around the world. Saving endangered animal species. All these things should be enough in themselves to convince most of us to do the right thing for the environment. But to many people, unless there's cold hard cash on the line, motivation doesn't come. That's too bad, really. I mean, don't get me wrong, money's very useful, but there are valuable things that once we've lost, we can't get back just be signing a cheque. All of this to say that spewing fewer greenhouse gases and pollutants in the atmosphere should be reason enough to tighten fuel economy standards in the US, but it seems like the argument goes over better when you also point out how much cash drivers will save. That's exactly what the NRDC did in a recent study.

Simone Ramella/CC BY 2.0

Their conclusions are that American drivers will save $68 billion in fuel costs when the Obama administration’s 54.5 miles-per-gallon standard is fully implemented in 2030. Most of the fuel-saving measures that the NRDC looked at are not even that drastic (not even going fully electric, for example), but rather things that are already surfacing in mainstream models like direct injection, 6-speed transmissions, turbocharging, weight-reduction techniques, improved aerodynamics, etc. These are all good, but even more progress can be made by electrifying transportation and cleaning up the power grid.

The top 20 states where drivers would save the most from the 54.5 mpg fuel efficiency standards are:

1) Texas $7.750 billion
2)California $7.270 billion
3)Florida: $6.683 billion
4) New York: $2.959 billion
5)North Carolina: $2.797 billion
6) Georgia: $2.564 billion
7) Virginia: $2.179 billion
8)Pennsylvania: $2.004 billion
9)Tennessee: $1.958 billion
10)Arizona: $1.887 billion
11) Illinois $1.853 billion
12) Ohio: $1.664 billion
13) Washington: $1.547 billion
14) Maryland $1.529 billion
15) Michigan $1.520 billion
16) New Jersey: $1.452 billion
17) Alabama $1.271 billion
18) Kentucky: $1.207 billion
19) Missouri: $1.207 billion
20) Minnesota $1.162 billion

These state rankings are a net savings, reflecting the actual fuel savings at the pump and the incremental costs associated with fuel-saving technologies in the new vehicles, according to the report.

That last part is important. These savings take into account the cost of the fuel-saving measures, so they are net savings.

Via NRDC (PDF)

See also: Amazing Video Shows All Roads, Air, and Shipping Routes on Earth Like Never Before!

See also: Fuel Economy for New Vehicles Sold in U.S. Tops 24 MPG for First Time Ever

Tags: Global Warming Solutions | Transportation

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