SAFE Responds to EPA Fuel Emissions Announcement

Today, the EPA announced proposed regulations for more stringent emissions standards for automobiles.  In response, SAFE CEO and Founder Robbie Diamond said:

“These changes would support the overall strategic goal of transitioning away from overreliance on oil for automobile transportation, a dependency that leaves America vulnerable to global price and supply volatility and the whims of foreign cartels and dictators.

More aggressive standards, in turn, obligate the U.S. government to move as aggressively towards supporting the growth of secure and reliable supply chains for electric vehicles.

We need permitting reform that allows for more domestic production of critical minerals, processing, and battery materials and components as well as the full-throated support for these projects within the United States.”

From its founding nearly two decades ag0, SAFE has championed improved fuel efficiency and emissions standards as part of a balanced approach to reducing America’s vulnerability to global oil markets.    In 2006, SAFE’s Energy Security Leadership Council (ESLC)—a group of business executives and retired military leaders led by General P.X. Kelley (Ret.), 28th Commandant of the U.S. Marine Corps, and Frederick W. Smith, Chairman, President and CEO of FedEx Corporation—released their Recommendations to the Nation on Reducing U.S. Oil Dependence.  These recommendations helped shape the bi-partisan Energy Independence and Security Act of 2007 signed by President George W. Bush, which included the nation’s first-ever fuel-economy standards for medium- and heavy-duty trucks.

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