The government unveils new CAFE standards, hopes to push the alternative energy industry forward
CAFE was first introduced by Congress in 1975 and has dictated the progress of vehicle efficiency in terms of fuel economy. Obama’s new standards aim to further push the move of the auto industry toward alternative fuels. According to these new standards, new vehicles must average 56.2 MPG by 2025.
The Obama Administration is preparing to unveil a series of new standards to accompany the Corporate Average Fuel Economy (CAFE) regulations.
CAFE was first introduced by Congress in 1975 and has dictated the progress of vehicle efficiency in terms of fuel economy. Obama’s new standards aim to further push the move of the auto industry toward alternative fuels. According to these new standards, new vehicles must average 56.2 MPG by 2025.
While the new standards may seem a bit lofty, the auto industry is already well on the way toward matching them. The industry is involved in a sort of energy revolution at the moment, with most big-name manufacturers opting for alternative fuels as a replacement for oil.