For prospective car buyers, comparing gasoline versus diesel options often requires a comparison of diesel fuel vs PREMIUM gasoline, and in 2014, in 4 out of the 12 months, diesel was actually cheaper than premium unleaded. And diesel car buyers are looking at the big picture beyond today's price at the pump comparison.
As world leaders prepare for the next round of climate negotiations to take place in Paris in December, clean diesel technology will be an important feature to demonstrate future carbon reductions from the U.S. With access to cleaner diesel fuels, other nations can follow the U.S. lead in reducing carbon emissions through available new technology diesel engines, vehicles and fuel.
This week is a big week for environment policy. On Monday, the President's Climate Action Plan celebrated its second birthday. That plan outlines a broad set of regulatory and diplomatic action to cut carbon emissions broadly from small passenger cars to large power plants. On Friday, the Administration could check off another box in their strategy as the U.S. Department of Transportation and the EPA issued the 1,600 page "Phase 2" proposed rule to advance fuel economy and reduce greenhouse gas emissions for medium and heavy-duty vehicles that was released last Friday afternoon. Those proposed rules kick-in beginning in model year 2021 and are anticipated to reduce carbon emissions by about 1 billion metric tons by 2027.