ECONOMICS - Study Finds Fuel Economy Standards More Cost Effective Than Fuel Tax

According to a Massachusetts Institute of Technology (MIT) study, government-set fuel economy standards, which have been practiced for many years, are 6 to 14 times less effective than a fuel tax for reducing gasoline usage.ZiS-110V. Art Konovalov / Shutterstock.comThe concept of fuel efficiency standards ensures that new vehicles are more efficient, but, what about the rest of the cars on the road? The objective of fuel economy standards is t ...

http://cleantechnica.com/2013/02/25/study-finds-fuel-economy-standards