Thursday, June 23, 2005

CAFE Reemerges, To Include Light Trucks

The Senate has entered debate upon CAFE increases in the energy bill, as well as adding light trucks (SUVs) into CAFE standards. While I'm sure this will make some people happy, as Geoff Styles showed back in May, the problem of oil consumption is more at the number of miles driven rather than fleet mileage. That is to say, I'm not sure increased CAFE standards now will matter much, especially considering that consumers have already made their decisions on. The fleet of SUVs is large, and those cars just won't disappear anytime soon.