IS 50 MPG REALLY ATTAINABLE?

Author: Daniel Guttman   Date:

The Trump Administration has been making waves by publicly announcing a planned rollback of the Corporate Average Fuel Economy (CAFE) standards put in place by the Obama Administration. In 2011 the Obama Administration ruled that auto manufacturers had to begin producing vehicles with better fuel efficiency that achieved over 50 miles per gallon in an effort to reduce greenhouse gases to 26-28% by the year 2025. The EPA ruling under the Obama Administration included a review in April 2018, allowing the Trump Administration to reopen the discussion.

The announcement from the Environmental Protection Agency is expected to come this week. U.S. automakers have urged President Donald Trump to revise the Obama Administration standards making vehicle production less costly to the American consumer. American consumers have shown a preference for larger, less fuel-efficient vehicles which are more profitable for manufacturers. Although automakers want relief, they do not want to face higher costs if they have to manage fuel economy separately by each state.

As April unfolds, it is clear that there is a large chasm to cross for total compliance with the Obama Administration’s ruling. In order to reach the 50+ mpg threshold, national fuel efficiency would have to double.

https://www.autoblog.com/2018/03/31/epa-reject-obama-fuel-efficiency-standards/

https://www.freep.com/story/money/cars/2018/03/31/trump-fuel-efficiency-standards/474027002/

https://www.axios.com/lower-fuel-efficiency-standards-threaten-us-energy-dominance-1522463945-d73e2ee8-3c14-43cd-af7e-334f0022ad66.html

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Daniel is Vice President of Fleet Card Services. His focus is on growing Guttman Energy’s Fleet Card Services business, including our Fuelman Fleet card and Pac Pride commercial fueling operations Daniel’s responsibilities include finding new offerings to enhance our card offering, improving the profitability of the business, and driving growth through both new customer additions and acquisitions of competitive card decks. Prior to his current role, Daniel served as the Manager of Business Development. His previous roles also include data analyst, wholesale and commercial sales, as well as pipeline scheduling. Daniel received his Bachelor of Arts degree from the University of Vermont and has earned educational certificates from the University of Pittsburgh, the Kellogg School of Business at Northwestern University, and Harvard Business School. Daniel Guttman has become the first fourth generation family member to become an executive of the company. Daniel’s great-grandfather founded the Company in 1931.

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