Tuesday, October 12, 2010
Consumer savings, environmental protection fueling changes in fuel standards
The federal government is currently drafting phase two of a plan intended to toughen greenhouse gas and fuel economy standards for passenger cars and trucks with model years 2017-2025. With this plan, fuel efficiency standards between 47 and 62 miles per gallon are possible (CNNMoney.com).
According to the Environmental Protection Agency (EPA), the national program is intended to save consumers money by cutting down on fuel costs, improve our nation's energy security by reducing dependence on petroleum, and protect the environment by reducing greenhouse gas pollution that leads to climate change.
Although the cost of these fuel efficient vehicles would increase as a result if the new rules are made final, the average owner could save between $4,900 and $7,400 in fuel costs over the lifetime of a 2025 model year vehicle, even factoring in the added cost of the car itself, reports the National Highway Traffic Safety Administration and the EPA.