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| Bush fuel standards will raise car prices by $5k Geez! As if things aren't bad enough with gas prices and interest rates soaring skyward while income and jobs are headed in the opposite direction along with personal savings and Corporate pension plans. It now seems that according to GM Vice Chairman Bob Lutz has placed a tab of $5,000 per vehicle for the fuel economy initiative. Lutz' comments came in response to a recent Supreme Court decision that the EPA has the express right to regulate carbon dioxide emissions. A Bush administration analysis of the initiative placed an industry cost of $117 billion between 2010 and 2017, with over $40 billion coming from GM alone. The plan, which aims to decrease US oil dependency by 20% by 2017, is focused on several industries, but the car and light truck market could be hit extremely hard. Lutz and other industry leaders are keen to the idea of better-utilizing E85 instead of what Blogger Bob calls an "unaffordable solution". Currently, there are only 1,100 E85-capable gas stations out of 170,000 in the US. http://www.detnews.com/apps/pbcs.dll...445/1148/rss25
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| I hear ya on the E-85. What I can't figure out is if auto's account for only 20% of the greenhouse gasses introduced into the atmosphere why aren't we hearing about any initiative for whatever it is that's dumping the other 80%? |
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http://www.titantruckz.com/showthread.php?t=127 OR you can read the original article here: http://www.caranddriver.com/features...-promises.html It is very informative reading. David ![]()
__________________ 2007 Tundra DC SR5 4x4 Constructed & Purchased May 2007, 4.7L, Texas Ed., Enkei Wheels, Nautical Blue Metallic, Sirius InV, Line-X, Recon CCLs Drug Information in Lay Language |
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