The Bush administration released preliminary plans establishing fuel economy standards for vehicles sold within the U.S. One initial goal would establish a fleet average of 31.6 miles per gallon by 2015. By 2020, the standard would be 35mpg. Some details per manufacturer include:
Among individual manufacturers, passenger cars built in 2015 by General Motors will need to average 34.7 mpg, Ford’s cars will need to reach 35.5 mpg and Toyota’s cars will have to achieve 34.6 mpg.
For light trucks, GM will need to reach 27.4 mpg by 2015, while Ford will have to average 28.8 mpg and Toyota will need to hit 28 mpg.
In terms of climate change and energy security:
The plan is expected to save nearly 55 billion gallons of oil and reduce carbon dioxide emissions by 521 million metric tons over the life of the new vehicles built between 2011-2015. It will add an average cost of $650 per passenger car and $979 per truck by 2015.
$650 per car should be easily handled by consumers. We’re already choosing add-on features that cost that much and more. If achieved, the 521 million metric tons that wouldn’t be released is good news.
The plans are scheduled to be finalized by the end of Bush’s term later this year. Let’s hope the final standards are at least this strong.