The Biden administration announced on Aug. 5 that it will re-instate fuel efficiency standards for cars that were first rolled out by Barack Obama and then rolled back by Donald Trump. Biden also said he will sign an executive order mandating that half of all vehicles sold in the US be electric by 2030, up from just 2% today.The proposed rules amount to the most significant federal regulation on greenhouse gas emissions in US history, and aim to cut the country’s annual carbon footprint by one-third by 2026. They could also be one of the last nails in the coffin for internal combustion vehicles in the US.The standards, which will now need to wind through the typical months-long federal appr
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