CHUQ
12/01/07, 10:58 am
Here is the new standards agreed to by lawmakers. They have 5 yrs to come up with this stuff. Thoughts?
U.S. lawmakers have struck a deal on legislation that would raise fuel efficiency standards to an average of 35 miles per gallon for cars and light trucks by 2020, according to weekend media reports.
Detroit's Big Three automakers had long resisted increases in Corporate Average Fuel Economy, or CAFE, standards, arguing that they would create a crushing financial burden. The current standard for cars, which hasn't changed since 1984, is 27.5 mpg. For the light-trucks category, which includes sport utility vehicles and minivans, it's 22.2 mpg
LINK (http://www.thestreet.com/s/lawmakers-agree-on-higher-fuel-standards/newsanalysis/automakers/10392505.html?puc=_googlen?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA)
U.S. lawmakers have struck a deal on legislation that would raise fuel efficiency standards to an average of 35 miles per gallon for cars and light trucks by 2020, according to weekend media reports.
Detroit's Big Three automakers had long resisted increases in Corporate Average Fuel Economy, or CAFE, standards, arguing that they would create a crushing financial burden. The current standard for cars, which hasn't changed since 1984, is 27.5 mpg. For the light-trucks category, which includes sport utility vehicles and minivans, it's 22.2 mpg
LINK (http://www.thestreet.com/s/lawmakers-agree-on-higher-fuel-standards/newsanalysis/automakers/10392505.html?puc=_googlen?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA)
