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News To Know: New Mileage Rules

Posted By Dave Goldstein On May 19, 2009 @ 11:08 am In Money Talk | No Comments

The White House announced today that it will be releasing new proposals for vehicle emissions laws. The new rules would greatly raise fuel efficiency for all vehicles. In addition, the proposed laws would allow the government to regulate green house gas emissions from cars for the first time. These laws would offer up some serious savings for the consumer. Not only would higher mileage cars save money and the pump, but the creation of one consistent standard for automakers would help them to cut down on production costs. These new laws have found a delicate balance between automakers that have long fought mileage and emissions restrictions, and states such as California which have pushed for standards that are even more stringent.

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