Will this meet the standard???
The Obama Environmental (Expansion of) Protection Agency has already pushed itself where no EPA has gone before. Last December, the agency summarily ruled itself able “by memorandum” (without a vote of Congress) to consider carbon dioxide a pollutant to be regulated.
In what has now become a sneaky signature of this administration, the “Friday night document dump,” we learn that this week, there more two more shockers out of EPA.
Los Angeles Times:
Working with the California board, the Obama administration has developed “scenarios” (not “rules”….yet) to decrease greenhouse emissions from cars by 3% to 6% annually starting in 2017.
In terms of fuel economy, that would mean new cars would have to get on average 47 to 62 mpg by 2025. The agencies estimated that such improvements would add about $800 to $3,500 to the cost of a car but that owners would reap “lifetime savings due to reduced fuel costs of about $5,000 to over $7,000.”
Car industry representatives vigorously dispute such estimates, contending that the calculations the Obama administration made were based on faulty assumptions about costs of technology and manufacturing.
“Less than five months ago, the administration issued the most expensive fuel economy mandates ever, estimated to cost industry and consumers over $50 billion,” the National Automobile Dealers Assn. said in a statement.
“Now, before the ink has barely dried on those as yet unimplemented rules, the U.S. Department of Transportation, Environmental Protection Agency and the State of California have decided to launch a new and far more costly set of fuel economy mandates that would require light-duty cars and trucks to achieve up to 62 mpg on average by 2025.” (more…)