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Topics / Environment / Fuel Economy Standards.jpg)
In response to the 1973-74 Arab oil embargo, in 1975 Congress enacted the Energy Policy Conservation Act (EPCA) with the goal of doubling new car fuel economy by model year 1985. To meet this goal, the Act established Corporate Average Fuel Economy (CAFE) standards, which require manufacturers of passenger cars and light trucks to meet minimum average fuel economy standards. Whether CAFE standards are the most effective and efficient method of achieving such goals is an issue of great debate. Reg-Markets Center publications offer differing viewpoints on the subject.
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