Strict New Set Of Mileage Standards for Cars and Light Trucks
A tough new set of mileage standards for cars and light weight trucks have been laid down by the Obama Administration. These standards were set on Thursday to reduce harmful discharge and simplify the nation’s dependency on foreign oil.
The Environmental Protection Agency and Transportation Department’s officials targeted to raise the average mileage of new cars to 35.5 miles per gallon by 2016.
WSJ's new car columnist Dan Neil said that the new cars that were coming were fuel efficient and fast and added that these cars would cost more than the normal price. There would be an increase of about $1,000 to the price of the new car.
Under the new rules, it has been estimated by the Government that there would be a saving of around 1.8 billion barrels of oil. The fuel saving would be approximately $3,000 per car.
"These historic new standards set ambitious, but achievable, fuel-economy requirements for the automotive industry that will also encourage new and emerging technologies", said Transportation Secretary Ray LaHood.
He also mentioned that by doing this the people would be saving money on fuel and there would be less pollution. The pollution would be reduced by 30% from the year 2012 to 2016.