28 Jun '11, 4pm

Major fuel economy boost envisioned by Obama administration

28 Jun 2011: Major Fuel Economy Boost Envisioned by Obama Administration The Obama administration is considering a new fuel economy standard that would require cars and light trucks to achieve an average of 56.2 miles per gallon by 2025 , an ambitious target that would reduce greenhouse gas emissions but drive up the cost of automobiles. While still a starting point in negotiations, the new target — which was proposed during separate meetings between U.S. officials and General Motors, Ford, and Chrysler — gives an early indication of administration goals as it begins to set fuel economy standards for 2017-2025. Last year, the Transportation Department and the U.S. Environmental Protection Agency (EPA) said they would look at a standard between 47 and 62 mpg; today’s fuel economy standard is 25 mpg and will change to 35.5 in 2016. According to a government analysis, achievi...

Full article: http://e360.yale.edu/digest/major_fuel_economy_boost_envi...

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