Feb. 12 (UPI) -- The Trump administration announced an end to greenhouse gas emission standards for all vehicles made in model year 2012 or later Thursday.

The administration revoked the 2009 Greenhouse Gas Endangerment Finding and all other emission standards related to greenhouse gases. The U.S. Environmental Protection Agency said in a press release that the move will save taxpayers $1.3 trillion.

"The Endangerment Finding has been the source of 16 years of consumer choice restrictions and trillions of dollars of hidden costs for Americans," Lee Zeldin, EPA administrator, said in a statement.

Zeldin was joined by President Donald Trump for the announcement in the Roosevelt Room of the White House.

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