The agreement, supported by CARB, provides stable government regulation as Honda advances its goal of reducing CO2 emissions.
Honda, Ford, BMW and VW today proposed terms for an agreement with the California Air Resources Board (CARB) for regulating greenhouse gas (GHG) emissions from light-duty vehicles for model years 2022-2026. The agreement, supported by CARB, provides stable government regulation as Honda advances its goal of reducing CO2 emissions.
Automakers who sign on to the agreement have the opportunity to follow a single set of rules in all 50 states. The agreement will reduce compliance costs by allowing Honda to meet both federal and state GHG regulations with a single national fleet. It will also result in greater reduction in GHG than if two regulatory programs were implemented separately.
The agreement specifies stringent but achievable GHG standards, while providing policy incentives that support the development of vehicle electrification.
This agreement ensures stable regulations that will help maintain the affordability of our vehicles–a win for our customers. As a leader in producing efficient, low and zero-emission vehicles, it is also a win for the environment, as it provides a clear pathway to continue to reduce GHG emissions.
Note that while we (Ford, BMW, VW and Honda) have signed the agreement with CARB, it is available to all automakers.
For more details of the agreement, click here.
Henio Arcangeli, Jr.
Senior Vice President