Trump touts climate savings but new rule set to push up US prices | US news

The Trump administration finalized the repeal of the endangerment finding, a legal determination underlining federal climate regulations. The EPA's analysis claims the rollback will save $1.3 trillion by 2055 through reduced vehicle prices and lower electric vehicle purchases. However, the analysis also projects an additional $1.5 trillion in costs from increased fuel purchases, vehicle maintenance, and other factors. Critics argue that the administration's analysis ignores social and climate costs, including a projected 10% increase in greenhouse gas emissions by 2055 and up to $4.7 trillion in additional expenses tied to harmful air pollution. Environmental groups like Natural Resources Defense Council and Environmental Defense Fund have criticized the move as benefiting wealthy fossil fuel donors at the expense of working-class Americans.