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Published on May 21, 2012
In collaboration with Ceres and the Investor Network on Climate Risk, Citi, along with Oakland University's School of Business Administration, Baum and Associates, and Meszler Engineering Services simulated the impact that the proposed U.S. Corporate Average Fuel Economy (CAFE) and greenhouse gas (GHG) emissions program might have on the industry in 2020. The analysis is meant to provide investors with a framework for evaluating the potential industry impact from tightening regulations. The report was released at the New York International Auto Show in 2012.