9. CAFE: Can Automakers Find Efficiency?
Back in August the National Highway Traffic Safety Administration and the EPA finalized new fuel-economy standards for the automotive industry. The hurdle they must clear is a 54.5 mile-per-gallon average for cars and trucks. They’ve got until the 2025 model year to figure out how to do it. When combined with previous efficiency-boosting legislation the move is expected to double the fuel economy of vehicles compared to new models sold today. These changes should save drivers an estimated $1.7 trillion in fuel costs and slash national oil consumption by 12 billion barrels.