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For Immediate Release:
2007-11-19
For More Information:
Contact:
Elizabeth Ouzts
(919) 833-0015 ex. 102
Margaret Hartzell
(919) 833-0015 ex. 100

New Study Finds U.S. Senate Auto Fuel Economy Standards Would Save North Carolina Consumers $836 Million in 2020

A new report by Environment North Carolina finds that theautomobile fuel economy provision in the Senate energy bill would save North Carolina consumers $836 million dollars at the pump in 2020, reduce oil consumption by more than 38,200 barrels per day and would be the equivalent of taking more than 462,300 thousand cars off the road. 

“Rising energy prices are gobbling up consumer savings this Thanksgiving season,” said Margaret Hartzell, Environment North Carolina Field Organizer. “With oil approaching $100 a barrel, it is past time for Congress to take action and pass an energy bill that increases fuel economy and requires renewable electricity to save consumers money on their energy bills.” 

Environment North Carolina’s new report “Driving Towards a New Energy Future”, shows that in 2020 alone North Carolina consumers would save $836 million dollars at the pump in 2020 and reduce oil consumption by more than 38,200 barrels of oil a day. 

The savings of the CAFE provision would be even more significant nationwide. The Senate bill would:

·      reduce our national energy consumption by 1.2 million barrels per day in 2020;

·      save American consumers $26.5 billion dollars; and

·      be the greenhouse gas pollution reduction equivalent of taking 14 million cars off the road. 

This summer the Senate passed the first new corporate average fuel economy (CAFE) legislation in more than 30 years. Unfortunately, the House energy bill did not contain the same provision. As Congress works to come up with a final energy bill, the CAFE provisions and a renewable electricity standard must be combined with efficiency provisions to create a bill that would put America on the path toward a new clean energy future.

 

 

“It is time for the auto industry to make our cars go farther on a gallon of gas instead of making the same tired excuses about how they can’t do it,” said Hartzell “We have the technology to get to 35 mpg by 2020. It’s time for Congress to pass a strong energy bill.”