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Waste Management Inc.

Obama Orders Higher Fuel Standards for Trucks

President Barack Obama on Tuesday directed federal agencies to develop higher fuel standards for medium-sized and heavy trucks, another step in his efforts to slash oil consumption and carbon emissions blamed for global warming.Obama made the announcement in Upper Marlboro, Maryland, about 20 miles from Washington, at a distribution center for Safeway grocery stores, next to a trucking rig that had been redesigned to increase fuel economy."Everybody who says you can't grow the economy while bringing down pollution, it's turned out they've been wrong," Obama said.Automakers are already working to nearly double the average fuel economy of new U.S. cars and light trucks to 54.5 miles per gallon by 2025, under rules that took effect in 2012.The administration will now direct the Environmental Protection Agency and the U.S. Department of Transportation to develop new rules for medium- and heavy-duty vehicle fuel efficiency by March 2016, with a draft due a year before that.EPA chief Gina Mc...

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