IU Study Focuses on New Fuel Economy Regulations

Posted: Updated:
IU's Bicentennial will be celebrated in the 2019-2020 school year. IU's Bicentennial will be celebrated in the 2019-2020 school year.
BLOOMINGTON -

Previously-announced fuel economy and greenhouse gas regulations for vehicles are about to go into effect for 2017 to 2021 model years. However, a new study from the Indiana University School of Public and Environmental Affairs says policymakers should reevaluate future regulations.

Researches say conditions have changed since the new regulations were announced in 2012. The report, titled "Rethinking Auto Fuel Economy Policy: Technical and Policy Suggestions for the 2016-17 Midterm Reviews," says regulators should consider other factors including lower gas and oil prices, which the nation is currently seeing.

"Fuel efficiency is a natural selling point for cost-conscious consumers when gas prices are high. When the price of fuel is low, however, evidence shows that drivers find hybrid and electric cars less appealing," said co-author Saba Siddiki.

The study says regulators should also factor in advances in fuel-saving technologies and interaction between federal and state regulations. It also says supplemental policies, such as increasing gasoline taxes or introducing green car subsidies, could stimulate interest in more fuel-efficient vehicles.

"Our study focuses on new vehicle sales because they affect both the environment and the economy," said Siddiki."It is important to consider how the economic impacts of changes in vehicle sales differ by region. A drop in new vehicle sales will likely have a disproportionate effect on the South and the Midwest, which rely heavily on auto manufacturing jobs."

The authors plan to release a second report next January that will show the impact of the new regulations on new vehicle sales, employment and other aspects. 

  • Perspectives

    • The First Thing Nonprofit Boards Should Focus On: Member Engagement

      There is no shortage of literature on how to run a nonprofit and what the board of directors should be doing. Do a quick search for “grant writing advice” or “board meeting agenda” and you will easily find hundreds of resources. But if there is so much helpful information around, why is serving on a nonprofit board sometimes so draining? After founding two nonprofits, Musical Family Tree and the Speak Easy, as well as serving on several nonprofit boards...

    More

Events



  • Most Popular Stories

    • (photo courtesy The Times of Northwest Indiana)

      Hammond Pulls 135 Jobs from Illinois

      A Hammond factory recently vacated by Michigan-based Lear Corp. didn’t sit empty for very long. Midland Metal Products has taken over the former seat factory, having relocated from Chicago after 95 years. 

    • (photo courtesy of TriCore Logic)

      Fort Wayne IT Firm Expanding

      TriCore Logic has announced plans to expand its office space and staff at its downtown Fort Wayne headquarters. The company plans to invest over $200,000 in the expansions. The 2010-founded company moved to the Anthony Wayne building in 2013, and now plan to grow their staff of five employees by up to eight over the next four years. 

    • (courtesy Wes Mills)

      Purdue: Farmland Values Decline Fifth Straight Year

      The value of top-quality farmland in Indiana has declined continuing a five-year trend, according to the latest data from Purdue University.  The statewide average of the best cropland is $8,212 per acre, down more than five percent, or $456 per acre, from the same period last year. Purdue’s survey shows average and poor-quality farmland values also dropped, but not as much. Average quality farmland declined by 0.9 percent. Purdue says the poor...

    • ‘Transformation’ Continues in Westfield

      Indiana’s fastest growing city is showing no signs of slowing down.  Mayor Andy Cook says now that Westfield has established itself as a destination for family sports with the Grand Park Sports Campus, the $35 million Grand Junction Plaza will transform the city’s downtown into a destination, a place “where people want to be.”   Cook says the project, more than a decade in the making, is an example of a place making strategy necessary for Midwest...
    • Elanco is headquartered in Greenfield.

      Elanco to Acquire Bayer AG Animal Health Business

      Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) has entered into an agreement with Bayer AG (ETR: BAYN) to acquire its animal health business in a deal valued at $7.6 billion. If approved, it would double Elanco’s Companion Animal business and create the second-largest animal health company by revenue. “Joining Elanco and Bayer Animal Health strengthens and accelerates our IPP strategy, transforms our portfolio with the addition of well-known pet brands, brings...