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Understating the Value of New CAFE Standard Targets?

September 15th, 2009 · 3 Comments

The Environmental Protection Agency (EPA) and Department of Transportation (DOT) today released proposed rules for implementating the increase in CAFE standards, beyond the Congressional mandate, as announced this past May. In short, this deal between the Obama Administration and the auto industry accelerates the improvement in light vehicle fuel efficiency across the fleet average (the […]

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Tags: analysis · automobiles · Energy · energy efficiency · gasoline · oil