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Daily Archives: May 21, 2009

Fact Sheet: Obama Administration National Fuel Efficiency Policy

“The proposed national autos program adopts uniform federal standards to regulate both fuel economy and greenhouse gas emissions while preserving the legal authorities of DOT, EPA and California. The program covers model year 2012 to model year 2016 and ultimately requires an average fuel economy standard of 35.5 mpg in 2016. The result is a projected reduction in oil consumption of approximately 1.8 billion barrels over the life of the program and a projected total reduction in greenhouse gas emissions of approximately 900 million metric tons. This groundbreaking policy is good for consumers, good for the auto industry and it helps our country by reducing pollution and promoting energy independence.”

New GAO Reports: Endangered Species Act, Hearing on ATC Modernization, FAA Personnel Reform

Endangered Species Act: The U.S. Fish and Wildlife Service Has Incomplete Information about Effects on Listed Species from Section 7 Consultations, GAO-09-550, May 21, 2009 Fiscal Year 2010 Budget Request: U.S. Government Accountability Office, GAO-09-699T, May 21, 2009 Responses to Questions for the Record: March 18, 2009, Hearing on ATC Modernization: Near-Term Achievable Goals, GAO-09-718R,… Continue Reading

Largest Quarterly Decline in Farmland Value Since 1985

The Agricultural Newsletter from the Federal Reserve Bank of Chicago Number 1944, May 2009: “There was a quarterly decrease of 6 percent in the value of “good” agricultural land—the largest quarterly decline since 1985—according to a survey of 227 bankers in the Seventh Federal Reserve District on April 1, 2009. Also, the year-over-year increase in… Continue Reading