Five-Part Blog Series on New CAFE Standards Begins Today
The upcoming fuel economy rules for cars sold in America will represent a major departure from CAFE standards of the past. Against that backdrop, Resources for the Future (RFF) Senior Fellows Virginia McConnell and Joshua Linn and RFF Fellow Benjamin Leard today begin a five-part blog series: Evidence for the New CAFE Standards.
With more and more people on the roads, the transportation sector continues to be the largest source of energy-related carbon dioxide emissions in the United States. To help meet international climate pledges, the new federal standards require fuel consumption and greenhouse gas emissions to fall steadily through 2025, by about four percent per year ultimately reducing annual fuel consumption by about half.
And that is just one of many significant changes to the standards.
Looking at evidence as it becomes available is particularly important to the process. The government is already in the process of conducting a formal mid-term review of the regulations and setting standards for the latter years of the regulations, 2022 to 2025.
The second part of the series, on gas prices, is based on a new RFF discussion paper by the authors. The final part, on compliance, is written by Gopal Duleep, President, H-D Systems.
Read the introduction to the blog series, Evidence for the New CAFE Standards, posted today. That page will be updated with links to future installments as they come due.
The topics will be:
- An Introduction
- Gas prices
- Credits
- Valuation
- Compliance (by Gopal Duleep, President, H-D Systems)
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