Obama Responds to Romney's CAFE Criticism
August 30, 2012 5:30 PM
comment(s) - last by
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.
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.
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.
The Detroit News
This article is over a month old, voting and posting comments is disabled
8/31/2012 9:24:01 AM
Clearly you do not understand the problem of exponential growth.
Fine, you'll find out reserves in the USA that are equivalent to all the oil produced in all history. That will give you more... 10 years.
Further more the graph contains all the oil discovered and undiscovered, it is not probable that significant reserves will be found in the future. Event if there are, you can't sustain growth.
This is not debatable, it's simple math.
If you have the time, please look into it further.
8/31/2012 5:46:39 PM
I understand the problem of exponential growth, it's simply not relevant.
Oil production needs only to increase modestly to keep everything humming along nicely. Yes, China, India, Africa and the Middle East are all booming in terms of oil consumption from low bases, but the current largest consumers, North America and Europe, are on the path to fair regular annual declines. The US has even become a net exporter of refined oil products.
Further, whale oil is largely assumed these days to of been phased out due to a lack of whales. Not entirely true; they were running out, but the hunting stopped (and the lobbying resisting banning the hunting) when whaling ships could come back to port and had no buyers for their relatively expensive oil; people had a new, better, cheaper source. Oil from the ground. With whales rotting in huge piles near docks, whalers found something else to do with their lives.
Same as the "stone age didn't end because we ran out of stones" story.
In that same vein, battery technology isn't there yet but it gets closer every day, and except for a few odd subsidized examples, virtually no one uses oil to generate electricity. The more batteries advance, the more EV's and hybrids there will be, and the more rapidly Western consumption will drop.
Within 50 years, with things just going the way they are, I'd suspect most oil consumption will be for chemicals and industrial products; fertilizer, plastics, etc. If oil prices are quite a bit higher in real terms then for a lot of those industrial uses alternatives are already exist, just aren't competitive at current prices.
Speaking of prices, any existing car or truck can be converted to natural gas, which is cheap and abundant. There's a bridge solution if China bids up oil prices.
I think you're falling in to another philosophical trap laid by Malthus; forgetting technology advances, often rapidly, often unexpectedly. Liberals even accept this whole heartedly that technology has seemed to be advancing at an increasingly rapid pace the last 100 years, they just refuse to extend that to areas they have ideological blind-spots in, like energy. People like you have been crying about looming apocalypses and shortages since ancient Greece, and haven't been right yet.
"The Space Elevator will be built about 50 years after everyone stops laughing" -- Sir Arthur C. Clarke
Buick Bumps Base Price of '13 Regal by $2,000 to Make eAssist Standard
August 30, 2012, 3:25 PM
White House Finalizes 54.5 MPG CAFE Standards for 2017-2025 Model Years
August 28, 2012, 2:52 PM
GOP Wants Proposed 2017 - 2025 CAFE Fuel Economy Regulations Reviewed
August 22, 2012, 8:50 AM
NADA: 54.5 MPG CAFE Proposal Will Boot 7 Million Americans from New Car Market
April 13, 2012, 11:42 AM
White House, Michigan Automotive Delegation Talk CAFE
July 25, 2011, 11:59 AM
Hot Air? President Obama, G7 Pledge to Eliminate Most Fossil Fuel Use by 2100
June 8, 2015, 5:40 PM
Study Predicts Self-Driving Vehicles Could Rake in Billions
March 6, 2015, 8:34 AM
Dual-Motor Tesla Model S P85D's "Insane Mode" Shocks Passengers
January 28, 2015, 11:18 PM
2016 Cadillac CTS-V Packs 640 hp Punch with 200 mph Reach
January 23, 2015, 3:25 PM
BMW Testing Tech to Allow Users to Auto-Park, Summon Cars Via Smartwatch
December 16, 2014, 9:30 AM
Lamborghini Offers Up $6,000 Leather-Bound Android Smartphone
December 12, 2014, 3:12 PM
Most Popular Articles
Windows XP, Vista Users Can Get Free Windows 10 Upgrade Thanks to Loophole
June 23, 2015, 2:23 PM
Under the Hood: Digging Into Sony's New CUH-1200 PS4, 1 TB Ultimate Player Ed.
June 23, 2015, 10:33 AM
U.S. Navy Spends $9M USD to Cling to Windows XP, Office 2003
June 24, 2015, 2:03 PM
Xbox Outsold 108-to-1 By PS4 in Japan, Weekly Sales Fall to 100 Units
June 22, 2015, 1:54 PM
SanDisk's 200GB microSDXC Card Turns Smartphones Into Enviable PMPs
June 26, 2015, 2:02 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information