Repealing rule to curb greenhouse gas emissions will increase gas prices, Trump administration’s own analysis finds

The EPA’s plan to roll back greenhouse gas regulations, while claiming $54 billion in annual savings for Americans, is projected to increase gasoline prices and result in a loss of nearly 450,000 jobs by 2035. The U.S. Energy Information Administration indicates that rescinding Biden-era fuel efficiency standards will also lead to significantly lower fuel efficiency in vehicles, raising costs for consumers and businesses.