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Executive Summary
Legislation to increase Corporate Average Fuel
Economy (CAFE) standards for cars and trucks was included in the Senate energy
bill (H.R. 6) that was passed in June of this year, marking the first time in
over thirty years that either House of Congress has passed an increase in CAFE
standards. The Senate CAFE would raise gas mileage standards for cars and
trucks from 27.5 miles per gallon (mpg) and 22.2 mpg respectively to 35 mpg by
2020.
In 2020, the Senate fuel economy legislation would
reduce our national oil consumption by 1.2 million barrels per day, save
consumers $26.5 billion dollars and have the global warming emissions
reductions equivalent to taking 14 million cars off the road. Increasing CAFE
standards is one of the biggest steps we can take to reduce our dependence on
foreign oil, improve our national security and move us on the path towards a
new, clean, energy future.
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