About this document
Fuel Economy Policy Testimony 2007 by eaprakash is a document available to read on EtoBox.
- Consumers, manufacturers, and research indicate that consumers undervalue fuel economy and only consider a short payback period of 2-4 years when purchasing vehicles. This is because consumers do not calculate the full lifetime discounted value of fuel savings versus the upfront cost of more efficient technologies. - If fuel economy is only valued based on a short 2-4 year payback period, then little to no increase in fuel economy is cost-efficient according to analyses using estimates of technology cos
- Author
- eaprakash
- Language
- EN