The New York Times is reporting that President Obama may announce new national fuel economy standards as early as tomorrow. The national requirement will limit both emissions and fuel consumption for cars and light trucks.
The president is expected to combine California's tough new auto-emissions rules with the existing corporate average fuel economy (CAFE) standard to create one national standard. Under the new standard, the national fleet mileage rule would be roughly 42 mpg for cars and roughly 26 mpg for light trucks by 2016. Current standards are 27.5 mpg for cars and 24 mpg for light trucks.
While the new standards will be quite a jump from the current standards, the auto industry is not expected to challenge the rule. Instead, the standards provide two things the industry has been asking for: the certainty of a timetable and a single national standard.
Standards will be written to ensure the automakers will already be on track to meet the standards set in the first few years of the program. Cars and trucks to be sold in that period already are in the design stage. Although the higher standards will be enforced in 2016, the rules are expected to really begin to take hold in 2013 and 2014.
Source: The New York Times