Reducing Gasoline Consumption

Reducing Gasoline Consumption

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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.1 mile per gallon (MPG) that their fleet average falls below the relevant standard. Manufacturers can use aquot;creditsaquot; a€” which they earn by producing ... (Miles per gallon) 32 Average Fuel Economy of New Cars Trucks a–i a–i a–i I a–i a–i a–i I a–i a#39;a#39;a–i a–ia–i 1978 1982 1986 1990 1994 1998 Source: Congressional Budget Office basedanbsp;...

Title:Reducing Gasoline Consumption
Author:Terry Dinan, David H. Austin
Publisher:Congressional Budget Office - 2002-11


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