CAFE

DOT announced today that the Bush Administration will not finalize its rulemaking on Corporate Fuel Economy Standards. According to DOT, the recent financial difficulties of the automobile industry will require the next administration to conduct a thorough review of matters affecting the industry, including how to effectively implement the Energy Independence and Security Act of 2007 (EISA). DOT said that NHTSA has done significant work that will position the next Transportation Secretary to finalize a rule before the April 1, 2009 deadline.