The Institute for Energy Research (IER) interviewed ACI’s Director of Policy and Research, Dr. Krisztina Pusok, on proposed plans to replace the current Corporate Average Fuel Economy (CAFE) Standards and the impact on consumers. The Interview can be heard online at IER.
The National Highway Traffic Safety Administration’s (NHTSA) Corporate Average Fuel Economy (CAFE) standards have governed automakers’ fleets since 1975when they were devised to prevent a repeat of petroleum shortages caused by the Arab Oil Embargo (’73-’74). While higher fuel economy is a vestigial theme in CAFE, the standard setting process is regularly hijacked by environmental […]
Consumers have benefitted from low crude oil prices for more than a year, but even if gasoline prices remain low, the quest to cut emissions will drive the cost of automobile transportation upwards. Driverless cars will price in the equivalent of a sophisticated robot. The main impetus for fuel economy is the reduction in greenhouse […]