FUEL EFFICIENCY REGULATIONS & STANDARDS

FUEL EFFICIENCY REGULATIONS & STANDARDS Half of global petroleum goes to transportation. According to a memo released by the Global Fuel Economy Initiative, within the transportation sector, light and heavy-duty vehicles account for more than 80% of the... More

FUEL EFFICIENCY REGULATIONS & STANDARDS Half of global petroleum goes to transportation. According to a memo released by the Global Fuel Economy Initiative, within the transportation sector, light and heavy-duty vehicles account for more than 80% of the sector’s energy use and greenhouse gas emissions in 2010. Heavy-duty vehicles include a diverse mix of vehicles that account for 45 % of fuel consumption in the transport sector in China, 52% in India, and 35% in Brazil. All of the major vehicle markets - the US, Canada, Mexico, Europe, Korea, China and Japan - have developed some form of greenhouse gas emission standards or regulations. EU, China, Japan set or proposed greenhouse gas targets to 2020, while the US and Canada have established standards to 2025. The picture is, however, very different from one country to another. There has been tremendous policy progress in most major markets: USA In 2011, the Environmental Protection Agency (EPA) and the National Highway Traffic Safety A Less