March 17, 2021
The number of initiatives focused on increasing alternative fuels and vehicles and decreasing petroleum fuels and ICEs continue to increase. One such initiative is the corporate average fuel economy (CAFE) standards. This is a fleet-wide average fuel-economy target to be achieved by passenger vehicle original equipment manufacturers. The report, “Impact of Transportation-Related Environmental Initiatives,” evaluates and compares the impact CAFE will have on emissions and costs to consumers over the next 20 years (2020 to 2040). The goal of the report is to educate policymakers and market stakeholders regarding the benefits and costs of this program from multiple perspectives.