White House Delays Finalizing Fuel Economy Rules
The Obama administration has postponed its self-imposed deadline of Aug. 15 for issuing final fuel economy standards for 2017-2025.
#economics
The Obama administration has postponed its self-imposed deadline of Aug. 15 for issuing final fuel economy standards for 2017-2025.
The National Highway Traffic Safety Administration tells Bloomberg News that the rules are undergoing interagency review and will be finalized soon.
The regulations are expected to require carmakers to nearly double the current fuel efficiency of their light vehicles to average 54.5 miles per gallon by 2025.
NHTSA Administrator Daryl Strickland defends as fair the standards and the process used to set them. Republican members of the House Oversight and Government Reform committee attacked the regulations late last week as biased toward domestic automakers.
The panel also released thousands of notes and e-mails written by company and administration officials while the rules were being drafted last year. Strickland says sharp criticism from European and Japanese carmakers in those communications was part of the give and take of formulating complex standards.
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