Author: GAO
Publisher: Nova Science Publishers, Inc.
Publication year: 2017
E-ISBN: 9781606924297
Subject: U4 Road Transport
Keyword: Physical Science
Language: ENG
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Description
Concerns over national security, environmental stresses, and high fuel prices have raised interest in reducing oil consumption. Through the Corporate Average Fuel Economy (CAFE) program, the National Highway Traffic Safety Administration (NHTSA) requires cars and light trucks to meet certain fuel economy standards. As requested, the author discusses (1) how CAFE standards are designed to reduce fuel consumption, (2) strengths and weaknesses of the CAFE program and NHTSA’s capabilities, and (3) market-