State of the World 2014: the world is shifting into gear on fuel economy
The Global Fuel Economy Initiative (GFEI) has launched its Annual Report which reviews progress on fuel economy policies worldwide, and assesses further work needed to reach GFEI targets. The report, titled ‘State of the World 2014: the world is shifting into gear on fuel economy’ finds that increasingly, countries are acknowledging the need for strong policies on fuel economy and are investigating, developing and implementing those policies. However, there is still a long way to go to reach the Global Fuel Economy Initiative (GFEI) 2030 target of a 50% reduction in new car fuel consumption (L/100km) compared to 2005 levels, particularly in non-OECD countries. The report highlights major developments on fuel economy which have taken place over the past year.