By Roland Hwang
Today, a consumer group, Consumer Federation of America, released a new study that clearly shows stronger pollution and fuel efficiency standards that result in 60 miles per gallon by 2025 is good for consumers’ pocketbooks. But not only do consumers win, it also means less pollution, less oil dependency, and a stronger, more competitive auto industry. It’s one of the best examples of why good environmental and clean energy policy goes hand-in-hand with lowering consumer fuel bills and restoring American industry to a leadership position.
Achieving 60 mpg by 2025 can be done by using and improving on technologies that already exist, such as hybrid electric cars and electric vehicles. In fact, according to a new study released yesterday by the University of Michigan, the technical potential is to triple fuel economy to 74 mpg, even before considering plug-in hybrids and electric vehicles. We have learned from cell phones, microwaves, and computers that higher volumes can lead to dramatic improvement in innovation and drive down costs.
Raising standards to 60 mpg is good for consumers, good for the environment and good for jobs. Here are the top three reasons why we need stronger pollution and fuel efficiency standards:
Reason #1: Pays for itself. According to the consumer group Consumer Federation of America, cost of fuel savings technologies pays for itself in the first year of ownership.
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