Avert the great guzzle | Centre for Science and Environment

Avert the great guzzle

Avert the great guzzle

Fuel Economy Regulations: Setting The Principles Right

The oil price surge has caught the market watchers and media agog. Expert views war on price insulation, energy security and our vulnerability. But oil price peaks do not make lasting impression on the public memory as the Government either makes generous cuts in petrol and diesel prices and taxes or caps its increase to take the heat off the price rage. Consumers are thus insulated at a huge cost. Vehicle industry is not pushed to innovate to ensure substantial fuel savings through efficiency gains. There are no checks on them as they continue to drift towards bigger and more powerful cars. (Read more)

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