CAFE CULTURE With Canada and the U.S. set to toughen up their fuel-economy standards for passenger vehicles, will the energy sector be left in the dust?

摘要

IT'S ONE OF THOSE ANNOYING ACRONYMS THAT THE AUTO industry uses, seemingly to make showrooms even less hospitable to the average consumer. But corporate average fuel economy standards, or CAFE, will soon be too important to gloss over with a confused nod and a thought to Google it later. That's true not only for car buyers, but for the energy sector as well, as the Canadian government prepares to uphold its commitment to harmonize its passenger vehicle fuel-economy standards with the United States' CAFE system in 2017. That's when the U.S. will enter Phase 2 of its CAFE regime and commit to halving the average fuel consumption of cars and light trucks by 2025.