Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050
Green Car Congress
NOVEMBER 22, 2012
Focusing on Kenya, Dr. Fulton warned that with rapidly increasing motorisation, that country’s total fuel bill could reach $75 billion by 2030 with devastating consequences for the country’s economy. The most important price signal that will spur consumers to save fuel is a tax on that fuel; Set fuel economy standards.
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