Automakers spared tougher CAFE rules - for now

The U.S. congress gave automakers a break Thursday, as the House Energy and Commerce Committee voted down a proposal to require 33 mpg fuel economy standards (averaged over cars and trucks) by 2015.

The same committee voted in favor of a bill to give the administration more authority to change CAFE rules going forward, as part of its attempt to get in front of voters' growing concerns about the rising cost of fuel.

The next stop for the Bush administration's bill is the full House of Representatives - expect a host of amendments as lawmakers try to respond to their constituents' growing concerns about the nation's energy policy.

[Source: Automotive News]

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