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Fuel Efficiency Standards


The White House and the major automakers have come to a deal that would raise auto efficiency requirements to as high as 54 mpg by 2025.

The automakers were not happy about this and tried a media blitz to counter it. I suspect they eventually agreed for two reasons. First, they did manage to lower short-term goals. Second, 2025 is a long time away and my guess is they are waiting for a Republican president to gut this agreement before they have to do anything.

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