Posted October 16, 2018 In Op-eds

The announcement of plans to ease the nation’s fuel economy standards (known as Corporate Average Fuel Economy standards, or CAFE) triggered numerous defenses of the regulation.

CAFE, which began as a program to reduce oil consumption, is now almost always justified on environmental grounds. Fuel economy standards do succeed in reducing greenhouse gas emissions, but market responses to fuel efficiency hikes make the policies less effective. The costs of high fuel economy standards simply do not make sense given the diversity of viable alternatives for reducing greenhouse gases …

Read the full piece as it was published by Inside Sources.