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What's At Stake?Tell Congress to Strengthen Fuel Economy Standards
Gasoline price instability and U.S. energy security concerns are spurring Congressional action and leadership on this issue. In March, Representatives Edward Markey (D-MA) and Todd Platts (R-PA) introduced H.R. 1506, The Fuel Economy Reform Act, which guarantees that new vehicles will average 35 mpg by 2018 and requires a continuous four percent per year improvement in fuel economy beyond 2018, unless such improvements prove unfeasible. The Fuel Economy Reform Act also gives the National Highway Traffic Safety Administration (NHTSA) the authority to set size-based fuel economy standards for all vehicles. Such standards, when coupled with an overall fleet target, will give the auto industry flexibility in complying with stronger fuel economy standards, distributing the costs and benefits across all vehicle manufacturers and vehicle classes. The Markey-Platts fuel economy initiative is both cost-effective and feasible. Many technologies that would improve vehicle fuel economy are already available to automakers—including efficient engines and transmissions, better tires, and high-strength steel and aluminum. Incorporating such a package of modest, proven, conventional technologies into new vehicles would help automakers meet a fuel economy standard of 35 mpg while maintaining today’s safety, size, and acceleration, as shown by the UCS Guardian SUV blueprint. In a time of gas price instability, the technologies available to increase fuel economy are more cost effective than ever. According to analysis by the Union of Concerned Scientists, the technologies needed to meet the new standards would add about $1,100 to the price of an average vehicle in 2018, an investment that would be recovered in less than four years of driving, assuming that gasoline costs $2.00 per gallon. Over the lifetime of the vehicle the owner would save a total of more than $3,600 in gasoline costs. In addition to saving consumers money at the pump, the Markey-Platts Corporate Average Fuel Economy (CAFE) standards increase would cut U.S. oil demand by 3.1 million barrels per day by 2025—which is more than our current Persian Gulf oil imports. It would also reduce the emissions of global warming pollution from cars and light trucks by 523 million metric tons of CO2-equivalent per year in 2025, the equivalent of taking about 80 million of today's cars and trucks off the road. For more information on the effectiveness and impact of CAFE standards, click here.
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