Jeff G.
Protein Wisdom
8/19/2011
Utopian thinking runs headlong into reality. Again. CNS News:
The Obama Administration’s new fuel economy standards will cause the retail price of average motor vehicles to increase over $11,000, according to a study conducted by the Center for Automotive Research.“A fuel economy standard of 37.6 mpg is associated with a price increase of $5,244, 18.1 percent higher than the 2009 National Automobile Dealers Association (NADA) average price of $28,966. A fuel economy standard of 40.8 mpg is associated with a price increase of $6,770, 23.4 percent higher than the 2009 NADA price,” says their report called, “The U.S. Automotive Market and Industry in 2025.”
“A fuel economy standard of 44.8 mpg is associated with a price increase of $8,214, 28.4 percent higher than the 2009 NADA price. The fourth fuel economy standard of 49.6 mpg is associated with an $11,290 increase in retail price. It is assumed that manufacturers and dealers will pass on the cost increase in fuel economy and safety technology to the consumer, at a retail price equivalent.”
The Obama administration’s new fuel economy standards would require automakers to produce cars and light trucks with an average fuel economy of 54.5 mpg by 2025. The Center for Automotive Research says their study is “the result of 11 months of effort and investigation by researchers at CAR in 2010-2011.”
Zoe Lipman, the National Wildlife Federation’s Senior Manager for Transportation and Global Warming Solutions argued on a conference call held Thursday that the estimated fuel savings due to these standards will outweigh the “modest” motor vehicle price increases for consumers…
The article continues at Protein Wisdom.
Related: The love of high-speed trains.
I’ve been a big critic of the romantic enthusiasm for high-speed trains in present-day American political discourse, so I was fascinated to run across this rather similar romanticization of high-speed rail in some Nazi propaganda (from 1932)…
