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Thursday, September 29, 2011

Obama Administration Pushes Back Announcement on 54.5 mpg CAFE Regulations


The stricter fuel consumption standards that the Obama administration planned to introduce this week will be delayed, according to a report from Reuters. The government pushed hard to gain the automakers’ approval, and after making some concessions, it achieved its goal.

However, the EPA (Environmental Protection Agency) and the Transportation Department that were expected to announce the new CAFE regulations for model years 2017-2025 by the end of the week are not yet ready. Therefore, the announcement will be delayed by a month, or possibly even more.

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