TPP Environment Standards May Ramp Up US Engine Exports, Says Industry Executive
Increased environmental standards in the Trans-Pacific Partnership will be a boon for U.S. diesel engine exports to Asian-Pacific markets, said Cummins CEO Tom Linebarger in Jan. 23 comments at the Business Roundtable. “Our view is we have technologies that can…
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help give everything from trucks to generator sets to mining vehicles good, inexpensive power with good air emissions, lower air emissions,” said Linebarger. “The tougher environmental standards are in countries we ship to the more business we have.” Cummins sells diesel and other types of engines. A final TPP deal will also liberalize U.S. engine trade through duty elimination and regulatory harmonization and easing, said Linebarger, while declining to specify particular markets the deal will open up for Cummins. WikiLeaks released what it claimed to be the TPP environment chapter roughly a year ago, and at the time said the deal lacked enforcement mechanisms for environmental standards (see 14011722).