US Automakers: It Ain't Over Til the Fat Eunuch Sings
Did someone order a shipment of FAIL?
With Detroit effectively castrated by the United States government and forced to bend to Washington's whims (why again can't we do this with the banks?), as shared here yesterday via Planet Gore, this whole green scam is going just a little too far.
Wait, no, it's going farther. Scratch that. Via Reuters:
WASHINGTON (Reuters) - President Barack Obama on Tuesday will propose the most aggressive increase in U.S. auto fuel efficiency ever in a policy initiative that would also directly regulate emissions for the first time and resolve a dispute with California over cleaner cars.Obama: Getting tough on your ass since 2009
A senior administration official, speaking to reporters late on Monday on the condition of anonymity, said average fuel standards for all new passenger vehicles -- cars and light trucks -- would rise by 10 miles a gallon over today's performance to 35.5 miles per gallon between 2012-16.
Climate-warming carbon emissions would fall by 900 million metric tons, or more than 30 percent over the life of the program, the official said.
"All companies will be required to make more efficient and cleaner cars," the official said, saying the government estimates the program will save 1.8 billion barrels of oil.
U.S. and key overseas automakers, including General Motors Corp, which is on the verge of probable bankruptcy, and efficiency leader Toyota Motor Corp of Japan, support the plan, an industry trade group said.
"GM and the auto industry benefit by having more consistency and certainty to guide our product plans," GM Chief Executive Fritz Henderson said in a statement.