New Aggressive National Fuel Economy Standards Set for Passenger Cars and Light Trucks

ENN, April 01, 2010

No fooling, the DOT and EPA, in response to one of the Obama Administration's top priorities, have jointly established aggressive new federal rules that will significantly increase the fuel economy of all passenger cars and light trucks sold in the United States. They have also established new federal rules that would for the first time ever, set national greenhouse gas (GHG) emissions standards for these vehicles. The new rules are forecast to save the average buyer of a 2016 model year car $3,000 over the lifetime of the vehicle. EPA estimates that nationally, it has the potential to conserve about 1.8 billion barrels of oil and reduce nearly a billion tons of GHG emissions over the lives of the vehicles. Read more...