The nation's largest oil trade group, which includes Exxon Mobil and Chevron, filed a federal lawsuit on Thursday seeking to block the Biden administr

Big oil and ethanol interests sue to block Biden's clean-air and EV push

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2024-06-15 19:30:05

The nation's largest oil trade group, which includes Exxon Mobil and Chevron, filed a federal lawsuit on Thursday seeking to block the Biden administration's efforts to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing.

The U.S. Environmental Protection Agency issued new tailpipe emission rules in March that will likely force automakers to produce and sell more electric vehicles to meet the new standards. Under the rule, the administration projects up to 56% of all car sales will be electric between 2030 and 2032.

The American Petroleum Institute (API) says the EPA has exceeded its congressional authority with a regulation that will effectively eliminate most new gas cars and traditional hybrids from the U.S. market in less than a decade.

“Today, we are taking action to protect American consumers, U.S. manufacturing workers and our nation’s hard-won energy security from this intrusive government mandate,” API Senior Vice President and General Counsel Ryan Meyers said.

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