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.For example, the Ford Excursion, which is used as a passenger vehicle, weighs more than 8, 500 pounds and thus is not ... Another problem with the standardsa#39; current design is that since each manufacturer must meet CAFE standards for its anbsp;...

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


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