Gas Efficiency to Rise High by 2025

This news will make all us greener folks stand up and cheer!  Should new cars be required to get 62 miles per gallon by 2025? That’s one scenario under an Obama administration notice filed Friday for drafting mileage standards on model years 2017 to 2025.

The fleet of new vehicles may need to meet a standard set somewhere from a low of 47 mpg to a high of 62 mpg, the administration said in its notice of intent.

An initial assessment shows the additional costs for producing high-mileage vehicles ranges from just under $800 to $3,500, the notice stated, but those costs could be “higher” when a more detailed analysis is completed by November.

The notice added, however, that the changes would lead to “lifetime savings due to reduced fuel costs of about $5,000 to over $7,000.”

Moreover, the mileage gains would be the equivalent of an annual decrease in carbon dioxide emissions per mile of 3 to 6 percent.

read the full article at msnbc