All Cars Must get 42 MPG by 2016 *cough*
Bulls**t.
Obama to Issue National Auto Emissions Standard: All Cars Must Get 42 MPG by 2016
The Ripe President (no longer The Fresh President because it’s been more than 100 days) has proclaimed that all cars made in the US must get 42 miles per gallon by 2016. Since the 2010 cars are pretty much toast – already engineered and designed, and probably 2011 are also, this gives bankrupt car makers about three years to design an engine that is 30 percent more efficient than engines in use today.
Obama to Issue National Auto Emissions Standard: All Cars Must Get 42 MPG by 2016
That’s an across the board 42 miles per gallon from every car maker.
Hmmmm, car makers are owned by the gummit. Gummit says “42 mpg by 2016 or we want our money back.” What are the car makers going to say? No? Of course they agreed.
What’s the penalty if they don’t make the deadline?
Obama to Issue National Auto Emissions Standard: All Cars Must Get 42 MPG by 2016
Get ready for more massive subsidies to make electric cars more attractive. That’s about the only way that car makers can make this deadline. They will have to make more David Letterman endorsed (not) Chevy Volts and add more subsidy to make them even close to being affordable in order to rely less on gas powered cars.