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todd platts


Bill proposed in Congress would require NHTSA to use realistic gas prices to set CAFE

The energy bill that was passed by Congress last December requiring corporate average fuel economy to be raised to 35 mpg by 2020 had some interesting little known elements in it. Among other things, the bill required NHTSA to set the standards at the maximum feasible level for any given years meaning that the 35 mpg threshold could be reached well before 2020. The problem lies in that word feasible. In setting standards NHTSA was required to factor in projections for what fuel prices would be in future years. That's why when NHTSA released its ... Read more →

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