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Mandating higher fuel efficiencies

mandating higher fuel efficiencies-44

Many Public Surveys or Polls often find strong Consumer support for regulating and reducing U. Since 2007 the most effective actions and policies towards reducing U. carbon emissions have been a combination of ‘fuels switching’ from higher carbon fossil fuels to natural gas and expanded renewables, and increased energy efficiency upgrades; primarily improved ‘Corporate Average Fleet Economy’ (CAFE) Standards or increased vehicle fuel efficiencies. Recent Economic Recession and Recovery Impacts – Prior to the 2007-09 Economic Recession U. Consumers purchased an average of about 16 million new ‘Light Duty Vehicles’ (LDV’s) annually.

Consumers have purchased greater numbers of lower efficiency SUV’s and Light Trucks, than higher efficiency-smaller Cars.In a change of heart, the National Highway Traffic Safety Administration (NHTSA) has agreed to push back the date that it will start imposing penalties on carmakers for failing to meet new fuel economy standards.In response to pleas from several automotive companies and their advocacy groups, the government agency has agreed to hold the 2019 models to the new standard.Strict fuel economy standards will not only reduce our dependence on oil and cut pollution; they’ll help a major driver of our economy – US auto companies and their suppliers – to compete successfully in the 21st century.” Walter Mc Manus, an economist at the University of Michigan Transportation Research Institute (UMTRI) and Director of the Automotive Analysis Group, said: “Our research indicates that increasing industry average fuel economy to 42 miles per gallon by 2020 could raise industry variable profit by $9.1 billion, or 8 percent.Most of the added profit, $5.1 billon, could go to the Detroit 3.” Alan Baum of Baum and Associates, who has produced automotive sales and production forecasts since 1990 plus long-range industry analyses with a focus on fuel economy and electric vehicles, said: “our study shows that the automakers are well positioned to meet the fuel economy requirements necessary in 2020 with a variety of approaches already in their product plans.A recent report put out by Ceres and Citi Investment Research concludes that even the strictest new fuel economy standards under consideration will not only reduce carbon emissions but will also allegedly boost the profits of American vehicle manufacturers.

The analysis unfortunately ignores some basic facts about fuel economy and gasoline consumption, as well as the connection between lighter vehicles and increased crash fatalities.

In total, the Administration’s national program to improve fuel economy and reduce greenhouse gas emissions will save consumers more than $1.7 trillion at the gas pump and reduce U. “This historic agreement builds on the progress we’ve already made to save families money at the pump and cut our oil consumption. Environmental Protection Agency (EPA) build on the success of the Administration’s standards for cars and light trucks for Model Years 2011-2016.

By the middle of the next decade our cars will get nearly 55 miles per gallon, almost double what they get today. Those standards, which raised average fuel efficiency by 2016 to the equivalent of 35.5 mpg, are already saving families money at the pump.

It’ll strengthen our nation’s energy security, it’s good for middle class families and it will help create an economy built to last.” The Consumer Federation of America (CFA) threw its support behind the initiative.

"This is not only a big win for consumers, it is vital to the U. auto industry and the single most important thing we can do to end America’s addiction to oil -- something President George W.

That group is the Natural Resources Defense Council, and as you might guess from the name, it works "to protect the world's natural resources, public health, and the environment". ALSO SEE: Why buying a car alarm from a dealership is a bad idea That's not to say that the survey's findings are necessarily bogus--it was conducted by a reputable, third-party market research firm, ORC International.