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Effectiveness and Impact of Corporate Average Fuel Economy (CAFE) Standards
Since CAFE standards were established 25 years ago, there have been significant changes in motor vehicle technology, globalization of the industry, the mix and characteristics of vehicle sales, production capacity, and other factors. This volume evaluates the implications of these changes as well as changes anticipated in the next few years, on the need for CAFE, as well as the stringency and/or structure of the CAFE program in future years.
Effectiveness and Impact of Corporate Average Fuel Economy (CAFE) Standards
Since CAFE standards were established 25 years ago, there have been significant changes in motor vehicle technology, globalization of the industry, the mix and characteristics of vehicle sales, production capacity, and other factors. This volume evaluates the implications of these changes as well as changes anticipated in the next few years, on the need for CAFE, as well as the stringency and/or structure of the CAFE program in future years.
Reducing Gasoline Consumption
Compares 3 methods of reducing gasoline comsumption in the United States: setting higher Corporate Average Fuel Economy (CAFE) standards for passenger vehicles; raising the Federal tax on gasoline; and setting a limit on carbon emissions from gasoline combustion and requiring gasoline producers to hold allowances for those emissions, known as a cap-and-trade program.
Evaluating Options for U.S. Greenhouse-Gas Mitigation Using Multiple Criteria
Choosing policy responses to mitigate greenhouse gases (GHGs) is one of the great challenges that the United States faces. It will require balancing cost-effectiveness and other objectives that reflect the institutional and political realities of passing major federal legislation with widespread impacts on U.S. producers and consumers. This paper develops a framework for evaluating U.S. GHG-mitigation policy that balances several criteria.
