Standards Would Deliver Fuel Savings That Would Stimulate the Economy and Job Growth.
Washington, D.C.—Proposed EPA/NHTSA fuel economy rules will lead to cost-effective consumer investments in fuel-efficient vehicles that will in turn stimulate economic activity and create an estimated net gain of 300,000 to 400,000 jobs per year on average over the period 2017 to 2025. The new rule will raise average new car and light truck fuel economy to 49.6 miles per gallon by 2025.
ACEEE Report: U.S. Better Off “Thinking Big” about Energy Efficiency Instead of Focusing First on Development of New Energy Sources
Listen to the streaming audio file recording of this news event (mp3) HERE
How Lack of Emphasis on Major Energy Efficiency Investments Leaves “3 Jokers in the U.S. Economic Deck”; Slashing Energy Use 60% Could Generate 2 Million Jobs & Save the Equivalent of $2600 Per Household Annually.
This summer marked the two-year anniversary of the Consumer Assistance to Recycle and Save (CARS) program, more fondly known as “Cash for Clunkers.” We know that the program provided consumers with a hefty chunk of money to trade in their older, inefficient vehicles for more efficient new ones. We also know that it provided a boost to carmakers and the economy by stimulating sales. Two years on, what more can we learn?
Major Increases in Car and Light Truck Fuel Economy Standards Take Shape, but Some Provisions Could Undermine Economic and Environmental Benefits
Washington, D.C.—President Obama today presented a plan to increase fuel economy and greenhouse gas standards for cars and light trucks in 2017-2025 that would raise fuel economy to 75 percent above 2010 levels. “This is a major step in reducing our oil dependence and consumers’ vulnerability to high gasoline costs,” said ACEEE Transportation Program Director Therese Langer. “By 2030, this round of standards could save more oil than we currently import from Saudi Arabia and Iraq, combined.”