Bush To Let Obama Handle New Fuel Efficiency Rule

Law360, New York (January 7, 2009, 12:00 AM EST) -- The Bush administration said Wednesday that it would not finalize a rule on vehicle fuel efficiency standards, instead leaving it for the incoming Obama administration to handle.

Under the Energy Independence and Security Act, which passed into law in December 2007, automakers will be required to improve fuel efficiency 40 percent by 2020, forcing them to achieve 35 miles per gallon on average. Currently, automakers have to achieve 27.5 miles per gallon on cars and 22.2 miles per gallon for light trucks.

As part of the...
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