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Akerson wants a presidential commission set up to form a 30-year energy policy

GM Chairman and CEO Dan Akerson said this week that the U.S. is close to achieving long-term energy security thanks to several factors. Those factors include the rise of fuel-efficient vehicles, energy-efficient homes and factories, and improvement in domestic oil and gas production. Akerson also said that he believed it was time for consumer-driven national energy policy.
Akerson wants President Obama to appoint a Blue Ribbon Commission with the goal of developing a 30-year policy framework for energy security with progress reviews every five years. He believes that the commission would need to include a cross-section of energy producers and energy consumers.

Akerson made the comments when speaking at the IHS CERA Week energy conference. The executive also took the time to talk up GM's technologically diverse range of fuel-efficient vehicles, which include the Chevrolet Cruze Clean Turbodiesel and the Chevrolet Volt.

GM also plans to help increase fuel economy by using advanced materials in the construction of their vehicles that reduce vehicle weight such as carbon fiber and magnesium. GM is even looking at better ways to construct vehicles using traditional materials such as nano steel and resistance spot welding for aluminum structures.

“A good rule of thumb is that a 10-percent reduction in curb weight will reduce fuel consumption by about 6.5 percent,” Akerson said. “Our target is to reduce weight by up to 15 percent” by 2016."

“Everywhere you look there are opportunities to seize the energy high ground,” Akerson said. “Indeed, our leaders have been presented with an historic opportunity to create a national energy policy from a position of strength and abundance.”

Source: GM

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RE: Consumer driven
By Manch on 3/7/2013 1:22:28 PM , Rating: 2
Expect cars prices to rise from the current $30k average to well over $40k before all is said and done. I also expect the average ownership of cars to nearly double from its present 11 years to somewhere closer to 20 as more people are alienated from the new car market. Soon there will just be wealthy people with new cars.

All you have to do is look at several countries in Europe. The more socialistic the country is, more this holds true. Only the super rich have new cars here in Norway.

RE: Consumer driven
By Spuke on 3/7/2013 4:55:15 PM , Rating: 2
All you have to do is look at several countries in Europe. The more socialistic the country is, more this holds true. Only the super rich have new cars here in Norway.
One of the problems with having that happen here is we have a population of 300 million and are the largest car market. Any lessening of our buying power for cars hurts everyone meaning car prices across the board rise as a result of less people here buying them. Also, less money for R&D meaning CAFE, emissions and other requirements of those types become increasingly harder to meet and require even higher prices for cars to meet them. No problem for me in the short and medium term but eventually I would get priced out of the market as well.

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