Administration Releases New Fuel Economy Rules

The Environmental Protection Agency (EPA) and the National Highway Transport Safety Administration (NHTSA) have released new rules for a corporate average fuel economy (CAFE) standard that will increase fuel economy to the equivalent of 54.5 miles per gallon and reduce vehicle greenhouse gas emissions to 163 grams of carbon dioxide per mile by 2025. The EPA is establishing national GHG emissions standards under the Clean Air Act, and the NHTSA is establishing Corporate Average Fuel Economy (CAFE) standards under the Energy Policy and Conservation Act. Both programs will give flexibility to manufacturers to achieve compliance, including the use of a credit… [more]