CAFE Kills, and Then... * USA - Some Six Reasons to Be Skeptical of Fuel Economy Standards
From: The Center for Individual Freedom
Washington,DC,USA -nationalcenter.org -June 19, 2007: -- "As always, this government folly will result in even higher gas and automobile prices, as well as decreased auto safety, for consumers... The more fundamental problem with the regulations, however, is that they simply don't work... The CAFE system was imposed in 1975 as a response to the oil embargo, but America today imports an even greater portion of foreign oil than it did then... On the other hand, these mandates will put American automakers at even greater competitive disadvantage, because Japanese and other foreign competitors will be better able to adapt to the new standards... As it is, the American Big Three are hemorrhaging losses, shuttering manufacturing plants and laying off thousands of American employees. What a deal -- more losses by the Big Three, more layoffs and higher gas and car prices... Unfortunately, ailing automakers and gas suppliers simply present too soft a boogeyman, and feel-good environmental platitudes too easy a justification. With the White House apparently surrendering, it is now up to American consumers and voters to resist this counterproductive policy before we suffer additional damage."
Labels: fuel economy
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