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Increasing CAFE Standards: Still a Very Bad Idea

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  • Kleit, Andrew N.
  • Lutter, Randall

Abstract

In a recent Joint Center Working Paper, Gerard and Lave respond to our recent work critiquing proposed increases in existing Corporate Average Fuel Economy (CAFE) standards. Gerard and Laveassert that, at least in the right environment, there is a place for CAFE standards. We suggest, however, that Gerard and Lavehave not really made any dent in our arguments, and have not provided any rationale for the CAFE program to exist. Indeed, much of the Gerard and Lave'sargument is self-contradictory.

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Bibliographic Info

Paper provided by Regulation2point0 in its series Working paper with number 366.

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Date of creation: Jun 2004
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Handle: RePEc:reg:wpaper:366

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Web page: http://regulation2point0.org/

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  1. Gerard, David & Lave, Lester B., 2003. "The Economics of CAFE Reconsidered: A Response to CAFE Critics and A Case for Fuel Economy Standards," Working paper 139, Regulation2point0.
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Cited by:
  1. Parry, Ian & Fischer, Carolyn & Harrington, Winston, 2004. "Should Corporate Average Fuel Economy (CAFE) Standards Be Tightened?," Discussion Papers dp-04-53, Resources For the Future.

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