CAFE Standards and Fuel Efficiency
Vehicles in the United States are regulated under policies—such as the Corporate Average Fuel Economy (CAFE) standards—that require manufacturers to reduce fuel consumption and carbon emissions. RFF researchers are analyzing the effectiveness of these policies compared to those that influence fuel prices.
How Much Do Consumers Value Fuel Economy and Performance? Evidence from Technology Adoption
This peer-reviewed article evaluates the welfare consequences of automakers forgoing performance increases to raise fuel economy.