Obama Proposes Significant Rise in Fuel-Efficiency Standards

Obama Proposes Significant Rise in Fuel-Efficiency Standards
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Yesterday President Obama announced a new proposal being put forward to increase fuel-economy standards across the board. If enacted, the legislation would see the fleet average for passenger vehicles rise to 35.5 mpg by 2016. Currently automakers are facing an 8 percent increase in fuel-economy standards that would see fleet averages for light-vehicles (cars and… Continue Reading...