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Romney says the new standards are "extreme," but Obama disagrees

This week was particularly monumental for the auto industry as the Obama administration finalized the new Corporate Average Fuel Economy (CAFE) standards. The new rules have faced some criticism, but President Barack Obama isn’t backing down.
The criticism comes from Obama’s presidential election opponent Mitt Romney, who believes there is a better method of increasing fuel economy than changing CAFE standards.

"Just yesterday, my opponent called my position on fuel efficiency standards extreme," said Obama. "It doesn't seem extreme to me to want to build more fuel efficient cars. Maybe the steam engine is more his speed."

Obama further added that the new CAFE standards will allow U.S. drivers to fill up their gas tanks "half as often." But when the new rules were finalized Tuesday, Romney failed to see the benefit to driving citizens. 

"Governor Romney opposes the extreme standards that President Obama has imposed, which will limit the choices available to American families," said Andrea Saul, Romney spokeswoman. "The president tells voters that his regulations will save them thousands of dollars at the pump, but always forgets to mention that the savings will be wiped out by having to pay thousands of dollars more upfront for unproven technology that they may not even want."

The new fuel efficiency standards for 2017-2025 will cost the auto industry $157.3 billion and add an average of $2,000 extra to the sticker price of new autos.

While some are clearly unhappy with the new standards, others are seeing added benefits. Honda, for example, was delighted to see that the standards provided extra credits for those selling natural gas-powered vehicles. Tesla also jumped on the CAFE bandwagon when it learned that it could sell any credits for surpassing the standards to companies that haven't.

The CAFE standards will raise the average fuel efficiency of cars and light trucks to 54.5 mpg by model year 2025. These new standards, which were created by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Transportation’s (DOTs) National Highway Traffic Safety Administration (NHTSA), were based off of the Obama Administration's first standards raised average fuel efficiency to 35.5 mpg by 2016. It was intended for cars and light trucks during model years 2011-2016.

The 54.5 mpg CAFE standard aims to save consumers more than $1.7 trillion at the gas pump, cut U.S. oil consumption by 12 billion barrels, reduce greenhouse gas emissions by 6 billion metric tons over the course of the program, and encourage the adoption of autos like electric vehicles (EVs) and plug-in hybrids. 

Source: The Detroit News

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RE: seriously?
By Beenthere on 8/30/2012 10:04:19 PM , Rating: -1
When Bama and the EPA pull numbers outta their ARSE and have no technical clue if these numbers can even be met, ( they can't ), they are clueless, worthless, ignorant bureaucrats.

Who do you think is going to pay for this mandated fastasy 54.5 mpg CAFE requirement? Consumers are the ones who pay and the car makers know they can NOT produce vehicles that will get 54.5 mpg CAFE by 2025. If you think this is some easy task to achieve, then you should develop the means to make it possible and sell your idea to the car makers. You are in for one Helleva rude awakening if you think you can just take an engine and go from 25 mpg to 54.5 mpg.

The whole purpose of this outrageous 54.5 mpg figure that was pulled outta Bama's ARSE, is to reduce air pollution and "free the U.S. from dependency on foreign oil". Here's a clue for you: The U.S. is NOT dependent on foreign oil and never has been . We have more oil available in the U.S. that we need for the next 100+ years. The only reason oil companies buy oil from the Middle East is because it's CHEAP and they make WINDFALL PROFITS from screwing consumers. They could pump the oil from the U.S. and make almost as much profit but why bother when they can just buy it from the Arabs?

So when you know the full story you will come to understand that Bama and the EPA are just fleecing U.S. consumers who will need to pay at least $2,000 more per car for new cars that are designed to try and improve CAFE. Since gasoline powered cars can't actually make the 54.5 mpg requirement then hybrids and EVs will be sold to make the fastasy 54.5 mpg CAFE requirement. Every tax payer and consumer will pay a subsidy for the hybrids and EVs so you're getting screwed twice courtesy of the criminals in DC.

Bend over because Bama wants to be your butt-buddy.

"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer

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