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New Federal Fuel Rules Expected Soon, California Poised to Benefit

Stricter fuel standards for cars and light trucks could bring tens of thousands of jobs and billions of dollars to the Golden State, one report says.

Gabriel Bouys

In July, when the Obama Administration announced a plan for strict new fuel efficiency standards that would require a fleet-wide average for cars and light trucks of 54.5 miles per gallon by 2025, the sustainable business non-profit CERES reported the move would create nearly 500,000 new jobs nationwide.

“The new jobs will be related directly to the auto industry, and there will be additional jobs because consumers will have more money to spend because they will be saving on fuel,” said Carol Lee Rawn, director of the transportation program at CERES. Continue reading