And today, these outstanding companies are committing to doing a lot more. The companies here today have endorsed our plan to continue increasing the mileage on their cars and trucks over the next 15 years. We’ve set an aggressive target, and the companies here are stepping up to the plate.
By 2025, the average fuel economy of their vehicles will nearly double to almost 55 miles per gallon. (Applause.) So this is an incredible commitment that they’ve made. And these are some pretty tough business guys. They know their stuff. And they wouldn’t be doing it if they didn’t think that it was ultimately going to be good business and good for America.
Using less oil also means our cars will produce fewer emissions. So when your kids are biking around the neighborhood, they’ll be breathing less pollution and fewer toxins. It means we’re doing more to protect our air and water. And it means we’re reducing the carbon pollution that threatens our climate.
The President took time to thank California for leading the charge for better fuel efficiency in vehicles. You may remember when the state sued the EPA in 2008 over emissions rules where Federal standards did not meet the aggressive targets of AB 32.