New Fuel Economy Standards To Be Announced
STEVE INSKEEP, Host:
NPR's business news starts with new fuel efficiency standards.
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INSKEEP: President Obama's administration is expected to announce, as early as today, new fuel mileage rules for cars and trucks. For cars it would be 30.2 miles per gallon, which is up from the current 27 and half. For trucks, it'll be just over 24 miles per gallon required. The administration was required by law to come up with these standards, which go into effect a couple of years from now. Automakers haven't voiced any objections. Some environmentalists say the bump-up in fuel efficiency standards is nice but not enough. And administration officials tell Bloomberg News that more stringent requirements are in the works.
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