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The Right Road? Cost-Benefit Issues Raised by Recent Fuel Efficiency Standards
EXECUTIVE SUMMARY In recent weeks, the Environmental Protection Agency and National Highway Traffic Safety Administration proposed the latest, more stringent round of fuel efficiency standards for passenger vehicles produced in model years 2023-2026. While past iterations of these rulemakings have been fully joint ventures, this version involves separate proposals that, due to differing statutory directives, produce somewhat diverging analyses. A…
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