Resolution Criteria

As of February 12, 2026, the EPA finalized the rescission of the 2009 Greenhouse Gas Endangerment Finding and repealed all GHG emission standards for light-, medium-, and heavy-duty vehicles and engines. The Final Rule was published in the Federal Register on February 18, 2026, and became effective on April 20, 2026.

This market resolves based on the current regulatory status: Engine and vehicle manufacturers no longer have any future obligations for the measurement, control, and reporting of GHG emissions for any highway engine and vehicle. The market resolves to "Ended" if federal GHG emissions standards remain rescinded, or to "Continues" if the rescission is overturned through litigation or regulatory action. Resolution will be determined by checking the EPA's official vehicle emissions standards page at https://www.epa.gov/regulations-emissions-vehicles-and-engines.

Background

Ford, along with Honda, Volkswagen, and BMW, signed voluntary Framework Agreements with California committing to boost fuel efficiency by roughly 3.7% annually and slash greenhouse gas emissions through the 2026 model year. Under Trump's regulatory rollback, Ford is forecasting a "multi-billion dollar opportunity" with federal fuel economy standard penalties set to zero and the EPA's proposal to eliminate its ability to regulate greenhouse gas emissions.

Considerations

Numerous groups have already announced that they will challenge the Final Rule. The rescission's legal status remains uncertain pending litigation, which could affect whether federal emissions standards are reinstated.

This description was generated by AI.