WASHINGTON, D.C. – AFPM President and CEO Chet Thompson issued the following statement today applauding the bipartisan passage of the Choice in Automobile Retail Sales Act (CARS Act), H.R. 4468, from the House of Representatives.
WASHINGTON, D.C., October 19, 2023—American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement in support of the Choice in Automobile Retail Sales (CARS) Act introduced by Senators Mike Crapo (R-ID) and Pete Ricketts (R-NE).
Every American should be able to choose the type of car or truck they want to drive. Restricting consumer choice by eliminating competition and banning entire vehicle power trains is the wrong path to achieving cleaner transportation or supporting U.S. energy security.
Washington, D.C., December 4, 2023 – Today, ahead of the House of Representatives’ consideration of H.R. 4468, the Choice in Automobile Retail Sales Act (CARS Act), the American Fuel & Petrochemical Manufacturers (AFPM) released the results of a national survey fielded among n=1,089 likely general election voters. The data show Americans strongly oppose EPA’s vehicle tailpipe emissions proposal for model years 2027-2032 and are less likely to vote for candidates who support banning sales of gas-fueled vehicles.
A new letter from a coalition of nearly 60 national and state energy, fuel retailer, auto parts and agriculture groups was just sent to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries urging bipartisan support for H.R. 4468, the Choice in Automobile Retail Sales Act (CARS Act), ahead of Wednesday’s scheduled vote on the measure.
The House of Representatives is expected to vote on the Choice in Automobile Retail Sales (CARS) Act (H.R. 4468) in the coming week. This legislation, originally introduced by Representative Tim Walberg (MI-5) earlier this year, would prohibit the federal Environmental Protection Agency (EPA) from finalizing its proposal to require roughly 70% of new car and truck sales to be “zero tailpipe emission” in less than 10 years.
American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today applauded the bipartisan passage of H.R. 1435, the Preserving Choice in Vehicle Purchases Act, from the House of Representatives. Chet testified before the House Energy & Commerce Committee in favor of H.R. 1435 earlier this summer.
When Congress created the Renewable Fuel Standard, the intent was clear. The RFS was supposed to build a market for American-grown biofuels and support domestic energy security. Today, EPA wants to deviate wildly from this course. Instead of maintaining the RFS as a program for liquid transportation biofuels, EPA’s RFS proposal for 2023 to 2025 would begin transforming the RFS into yet another huge government subsidy for electric vehicles.
Publicly owned companies, like many U.S. refineries, have a fiduciary responsibility (which is a legal obligation) to act in the best interest of their shareholders, and that extends to how companies spend their earnings. Often, earnings are spent on a combination of the following: direct dividends, stock buy back programs, paying down debt and capital investment projects.
