Proposed Law Would Make It Easier to Meet U.S. Fuel Economy Targets
A bill introduced in the U.S. House of Representatives on Wednesday would take several steps to make it easier for carmakers to achieve U.S.-mandated fuel economy targets.
#economics #regulations
A bill introduced in the U.S. House of Representatives on Wednesday would take several steps to make it easier for carmakers to achieve U.S.-mandated fuel economy targets.
The measure proposes to create a single set of fuel economy rules to replace the separate and sometimes contradictory standards currently required by the Environmental Protection Agency and National Highway Traffic Safety Administration. A similar bill has been introduced in the Senate.
The bipartisan House bill is sponsored by Rep. Debbie Dingle (D-Mich.) and Rep. Fred Upton (R-Mich.). Their proposal also would carmakers new ways to gain credits for emission reductions, widen their ability to use fuel economy credits and harmonize EPA and NHTSA rules that govern such credits.
Environmental groups view the moves as merely loosening standards that would result in less efficient vehicles that cost owners more to operate.
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