Quality Weenie

EPA Knows More Then Auto Makers

The EPA is trying to set tailpipe emissions, which can be translated into MPG. And the EPA has come out to say they obviously know more then auto makers and demand technology by 2020.

The Environmental Protection Agency says in a draft regulation that automakers could improve fuel efficiency standards to as high as a fleet-wide average of 38.3 miles per gallon by 2020.

And how much is that going to cost the EPA?

Zero

And how much is that going to cost the auto makers?

Meeting that standard could cost carmakers as much as $30 billion a year

Guess the EPA feels that the auto makers can just pull money out of their ass to meet unrealistic expectations. Of course the Japanese won't have a worry because their government gives them money.

."The proposal argues that automakers could meet a new tailpipe emissions limit of 232 grams of carbon dioxide per mile, which equates to 38.3 mpg by 2020. The EPA said about 40 percent of the new vehicle fleet in 2020 would be using diesel engines and full hybrid systems (including plug-in electric hybrid vehicles). The agency assumes that plug-ins are "a viable technology beginning in 2012." (emphasis mine)

The EPA thinks the auto makers could meet those requirements, and that the public would embrace diesel and hybrids with joy and they assume plug-ins will be ready for full production scale in 4 years.

The EPA also believes in Fairy's and Pixie Dust.

At least the EPA does admit that the public will be paying for the could of, would of, assuming technology.

The EPA estimates that the cost per vehicle would be $1,927 or more than $30 billion annually based on average yearly sales. It said the payback for consumers in terms of savings from better fuel economy would be from 3.4 to 7.4 years assuming $3.50-a-gallon gas

Of course it's going to take almost 8 years for anyone to see benefits of paying more for their cars, but the world will be saved.

But who is going to save us from the environuts?

Posted by Quality Weenie at June 19, 2008 09:33 AM | TrackBack