15 March 2013 18:51 [Source: ICIS news]
HOUSTON (ICIS)--Between 2007 and 2012, fuel economy values in the vehicles that Americans drive increased, which led to lower oil consumption and carbon emissions, the US Environmental Protection Agency (EPA) said on Friday.
In its latest report, the EPA estimated that from 2007-2012 fuel economy values increased by 16%, while carbon dioxide emissions fell by 13%.
In 2012 alone, the report indicates a significant one-year increase in fuel economy of 1.4 miles/gal for cars and trucks.
Furthermore, the EPA’s report shows an increase in average fuel economy to 23.8 miles/gal in 2012, which is the largest yearly improvement since the EPA began reporting on fuel economy.
Fuel economy is expected to continue to increase under the National Clean Car Program, which aims to double fuel economy standards by 2025.
The standards will reduce oil consumption by more than 2m bbl/day, according to the EPA.
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