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It could work! Although, if you're already getting a $50,000++ SUV it's going to take a pretty big number to make you rethink your purchase.
Some other regulation to dissuade companies from selling bigger vehicles would help.
Maybe do something to raise the price of gas so filling up a 20-40 gallon SUV looks a lot less affordable than an economy car. (Of course that would also fuck the economy silly but so will climate change).
I kind of miss the small 2000-2400 lb cars of the 90s. My little 2 door Sentra SE-R got 25 mpg city and 35 mpg hwy and always fast passed the emissions dyno test.
I was comparing the Corolla, 2000 and 2023 model years. While the new one gets slightly better mileage, it is 600 lb heavier. I'm assuming the weight is in part due to the reinforced cabin and doors and a bazillion miles of wiring for all the additional computers and electronics. I wonder what kind of mileage a 2500 lb car would get with a modern drivetrain.