✉news BusinessEconomy first seen 7 h ago, last 30 min ago, peak #11
US Finalizes Rollback of Fuel Economy Standards
Original: Department of Transportation Finalizes Rollback of Corporate Average Fuel Economy (CAFE) Standards for Passenger Cars and Light Trucks
The US Department of Transportation has finalized its rollback of Corporate Average Fuel Economy (CAFE) standards for passenger cars and light trucks, easing fuel-efficiency requirements that automakers must meet. The move lowers mandatory mileage benchmarks, reversing stricter efficiency rules put in place under earlier policy. Observers expect debate over its effects on fuel costs, emissions and automaker strategy.
Why now: The DOT's formal rollback of CAFE standards has major implications for automakers, fuel prices and climate policy.
Department of TransportationCAFE standardsUS automakers
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Evidence
- Department of Transportation Finalizes Rollback of Corporate Average Fuel Economy (CAFE) Standards for Passenger Cars and Light Trucks · Sidley Austin
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