CFA Testifies on the Success of the National Corporate Average Fuel Economy Program
Consumers are wining; saving money with every fill-up, no matter the price of gasoline. Automakers are innovating; even over-complying with the standard in many cases. All the negativity around these standards is hogwash. Auto front groups are overestimating costs. Their excuses are rehashed from their fights against the catalytic converter, seatbelts and airbags. Bottom-line, this standard is good for America, consumers and the industry and it should be left alone. As important as it is to get all the facts, it’s a waste of taxpayer dollars to hold a hearing on national mpg standards.
