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Duncan - The Low Carbon Economy Ltd

28 May 2009 02:05:37

President Obama Announces New National Policy on vehicle Fuel Economy (mpg)

President Barack Obama announced a new fuel economy policy for model years 2012-2016, with the goal of an average fuel economy of 35.5 mpg for model year 2016. The new standard will also reduce carbon dioxide emissions from new vehicles by 30% by 2016. The Environmental Protection Agency (EPA) and U.S. Department of Transportation (DOT) intend to initiate a joint rulemaking for new vehicle standards, which are expected to be divided into categories of vehicles based on vehicle size. The policy is the result of collaboration among DOT, EPA, 10 of the world’s largest auto manufacturers, the United Auto Workers, environmental community leaders, the State of California and other state governments.

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