In response to the U.S. Environmental Protection Agency (EPA) announcement today that current vehicle fuel economy and emission standards need to be weakened, Carol Lee Rawn, director of transportation at Ceres, which works with influential investors and Fortune 500 companies on sustainability issues, stated, “Major investors and businesses understand that rolling back the Corporate Average Fuel Economy (CAFE) and emissions standards will undermine the global competitiveness of the U.S. auto industry at a time when the rest of the world is moving in the opposite direction, prioritizing clean vehicles and responding to consumer demand for cars that save them money.”