Fuel MPG Standards Deal May Be Revealed Today

Pelosi Seeks Vote Next Week on 35mpg Standard by 2020
from freep.com (Detroit Free Press):
November 29, 2007
BY JUSTIN HYDE - FREE PRESS WASHINGTON STAFF

Congressional staffers have hammered out the outlines of an agreement for increasing U.S. fuel economy standards to 35 miles per gallon by 2020, and a deal could be announced as soon as today if House Speaker Nancy Pelosi and other lawmakers approve.

...As expected, the deal would require federal regulators to treat cars and trucks differently under fuel economy rules, and preserve some kind of credits for selling vehicles capable of burning ethanol or other alternative fuels. Both were key concerns of Detroit automakers, which will face higher costs for meeting tougher standards than their foreign competitors.

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