Barack Obama releases final version of CAFE mileage standards

Article by Anita Panait, on August 30, 2012

President Barack Obama released the final version of Corporate Average Fuel Economy, or CAFE, rule, which requires carmaker to more than double the average fuel economy by 2025. In an e-mailed statement, Obama said that by the middle of the next decade, or 2025, cars in the United States will get nearly 55 miles per gallon, almost double what they get today.

The President said that the CAFE rule will strengthen the energy security of the US, adding that it is good for middle class families and will help create “an economy built to last." According to the White House, the CAFE rule, which took effect earlier this year, is intended to cut US oil consumption by 12 billion barrels and lead to fuel savings of over $8,000 by 2025 over the life of a vehicle.

Increasing average fuel economy is a vital part of Obama's plan to cut oil imports and usage as his administration has been promoting acquisitions of more fuel-efficient vehicles to cut the use of fossil fuels. The Environmental Protection Agency and National Highway Traffic Safety Administration released the proposed rule for model years 2017 to 2025 in November 2011 after striking a deal with carmakers on the outline in July 2011.

Executives from carmakers including General Motors Co., Ford Motor Co., Chrysler Group LLC and Hyundai Motor Co. and Obama met at the Washington Convention Center to sign the agreement, which was the basis for the final rule. The proposed rule gives extra credits to plug-in electric and plug-in electric-hybrid vehicles. The final version now includes compressed natural-gas-powered cars to that list, benefiting Honda Motor Co. and other makers of alternative-fuel vehicles.

If you liked the article, share on:

Comments

Recommended

Before the W177 goes on sale in 2018, Mercedes-Benz had to go back to the drawing board to check on the A Class’ interior. This is because the new model...
by - November 24, 2017
If you see the Aston Martin’s 2018 Vantage, you would think that it is significantly different from most of Aston’s GT lineup. For instance, if the DB11 is a fine...
by - November 24, 2017
Even as Chevrolet is making a huge splash in the industry with the recent launch of the new Corvette ZR1, there may be trouble brewing. Chevrolet has announced huge discounts...
by - November 24, 2017
The 2018 GMC Sierra 2500HD has arrived this week at the snowy mountains in Colorado for its winter long debut. GMC’s tracked Sierra Mountain Concept will be on display at...
by - November 24, 2017
We’re willing to bet that the Bentley Bentayga is not the first thing that comes to mind for most people who are into off-roading and outdoor activities. It just doesn’t...
by - November 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries