Green Vehicle Market
Analysis of 2005 Energy Policy Act Shows Markets Transformed and Doors Opened to Further Legislation
UPDATED: February 16, 2011 — Due to a mistaken vehicle emissions specification, our Greenest List inadvertently omitted the Mazda 2 (manual transmission), which beats the Chevrolet Volt by a hair. Both vehicles have Green Scores of 48. Hence this year’s Greenest List now features 13 vehicles, instead of the customary dozen. We regret the error.
Washington, D.C. — Today the U.S. Environmental Protection Agency and the Department of Transportation proposed the first-ever fuel efficiency and greenhouse gas emissions standards for medium- and heavy-duty trucks and buses. The affected vehicles, ranging from large pickup trucks to big rigs, today consume about 2.5 million barrels of oil per day, one-fifth of total transportation oil use in the U.S.
Washington, D.C. – Making good on a commitment made by President Obama in May, the Environmental Protection Agency and the Department of Transportation today announced progress in developing standards that will dramatically reduce the fuel consumption and greenhouse gas emissions of cars, SUVs, and pickup trucks in model years 2017 to 2025. The announcement follows the adoption earlier this year of standards boosting average fuel economy to 34.1 miles per gallon by 2016.
In March 2009, President Obama pledged to have 1 million plug-in hybrid electric vehicles (PHEVs) on the road by 2015. While the penetration of electric drive vehicles in the American automobile market could significantly reduce petroleum use, vehicle emissions, and fuel expenditures countrywide, there are several challenges to implementing the President’s 2015 goal.
Washington, D.C. — House Energy and Commerce Committee Democrats have announced agreement on a vehicle scrappage program that would offer vouchers of $3,500 or $4,500 for consumers to retire their vehicles and purchase new ones. Unlike the scrappage bill introduced in January, which aims to accelerate the modernization of the U.S. fleet to a more fuel-efficient one, the program just announced aims primarily to clear Detroit’s unsold inventory from the storage lots.