03 August 2008

Time, Finally, for Real Fuel Economy

The political landscape is littered with squandered opportunities to avert the $4-a-gallon gasoline mess we find ourselves in now. Americans would be using far less gas — and consumers and the automobile industry would be much better off — if Congress had summoned the wisdom and political courage 20, 10, even five years ago to impose tough fuel economy standards on the nation’s transportation fleet.

Another such opportunity is fast approaching, and it would be foolish to miss it. On Monday, the National Highway Traffic Safety Administration — the federal agency that sets fuel standards — will hold hearings on a timetable that it has proposed for meeting the new fuel economy standards established in the 2007 energy act.

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