The National Highway Traffic Safety Administration (NHTSA) will enact new fuel economy regulations for 2011 vehicles which will ultimately result in a win-win-win situation for the environment, economy, and drivers. The Corporate Average Fuel Economy (CAFE) introduced an 18 MPG regulation for passenger vehicles only when enacted by congress in 1975. While slight amendments have been made to CAFE standards over the years, the newest reform will reflect the most drastic change in their 30-year history with a 35% increase in fuel economy for cars and trucks combined. This amendment will enforce Bloomington IL new car dealers to obtain 37.8 mpg for passenger vehicles and 28.8 mpg for trucks by the year 2016.
The 2016 CAFE standards will perhaps have the biggest impact on the environment, which will benefit from the reduced greenhouse gases and carbon dioxide. The Union of Concerned Scientists says that approximately 5 pounds of global warning pollution are produced per gallon of gas. Basic math will confirm, the higher the fuel economy of a vehicle, the less pollution produced.
The next win that the 2016 CAFE standards will award goes to the economy. Increased fuel economy standards will save the U.S. 1.1 million barrels of oil a day, much of which is foreign oil. The decreased foreign oil will help cut the $1 billion dollars spent per day to import petroleum products and moderate the amount of reliance placed on foreign nations.
The CAFE regulations will also be advantageous for drivers. While the cost of a vehicle that can reach the set forth fuel economy standards will more than likely cost extra, such an increase will be compensated with the reduced fuel costs. The increased cost that CAFE standards add to vehicles is estimated to be around the $1,000 – $2,000 range and will actually be offset with the reduced fuel costs that are estimated to reach $4,000 in a vehicle’s lifetime.
While the new CAFE guidelines seem extreme, Bloomington IL car dealers acknowledge that a greener future is only a possibility with such regulations enforced. And the additional benefits that come with such a reform don’t hurt either.
