THIS should fix the economy......maybe not.

[SmarterthanYou]

new obama emissions standards create higher auto prices

Obama has made fighting climate change a priority, and lawmakers in Congress have begun wrangling over a historic bill many hope will provide broader guidelines for controlling greenhouse gas emissions.

Growing public support for efforts to battle climate change and the weakened state of the U.S. auto industry, which is staying afloat through federal bailouts and restructuring at the government's direction, gave Obama a window of opportunity to impose the rules.

Criticism of Obama's announcement was limited, and focused on the higher production costs, the safety concerns created by producing lighter cars and fears from some observers about increasing government involvement in the industry.

"The government is now designing our cars. It's out of the hands of vehicle manufacturers," said auto industry consultant Larry Rinek.

Under the new standards, U.S. passenger vehicles and light trucks must average 35.5 miles per gallon (6.62 litres/100km) by 2016. The current law, approved by the Bush administration, requires a similar gain by 2020.

Obama said the new standards would save 1.8 billion barrels of oil over the lifetime of the program -- the equivalent of taking 58 million cars off the road for a year.

The Environmental Protection Agency would regulate and reduce tailpipe emissions for the first time under the standards.

 

[Whomever]

By the time this starts to gradually take effect in 2010 don't you think autos are going to cost more anyway?

There is no free ride. And we do need to reduce our dependency on foreign oil. And who can complain about cleaner air for our children?

 

[Minister of Truth]

By the time this starts to gradually take effect in 2010 don't you think autos are going to cost more anyway?

There is no free ride. And we do need to reduce our dependency on foreign oil. And who can complain about cleaner air for our children?

LOL about 2% of oil consumption is in autos. That should put a big dent in oil based carbon emissions!

 

[Whomever]

LOL about 2% of oil consumption is in autos. That should put a big dent in oil based carbon emissions!

Wrongo O not so wise one.



http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/oil_market_basics/dem_image_us_cons_sector.htm

This too:
http://www.eia.doe.gov/pub/oil_gas/petroleum/analysis_publications/oil_market_basics/dem_image_us_cons_prod.htm

 

[Whomever]

Also this:

The year 2000 oil consumption in the U.S. was estimated to be 7 BBO and the U.S. Dept. of Energy projects a 1.4% increase each year through the year 2020. Cars and light trucks are responsible for approximately 40% of our oil consumption.

http://earthmath.kennesaw.edu/main_site/precalculus/precalc_gmb_anwr.htm

 

[Whomever]

Threedee pwned big time