More momentum gaining in Congress for increasing CAFE
"There is a dangerous amount of momentum" in Congress behind tougher corporate average fuel economy regulations, General Motors Corp. Vice Chairman Bob Lutz said Tuesday at the North American International Auto Show. (more)
Of course, what costs will Congress be willing to accept to achieve an increase in CAFE? Will Congress risk tens of thousands of more auto jobs in Detroit to increase CAFE? That seems like political suicide.
Regardless, I say before Congress increases CAFE, extend tax credits for hybrid vehicles. Also, make buying a hybrid part of the small business tax credit. Give American companies some R&D money to develop lithium-ion technologies - the kind of technologies that have the ability to make any proposed increase in CAFE child's play.
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Of course, what costs will Congress be willing to accept to achieve an increase in CAFE? Will Congress risk tens of thousands of more auto jobs in Detroit to increase CAFE? That seems like political suicide.
Regardless, I say before Congress increases CAFE, extend tax credits for hybrid vehicles. Also, make buying a hybrid part of the small business tax credit. Give American companies some R&D money to develop lithium-ion technologies - the kind of technologies that have the ability to make any proposed increase in CAFE child's play.
--> More on increasing CAFE
Labels: bob lutz, CAFE, Congress, lithium battery, tax credits
posted by Dahcredyns at
9:45 AM
1 Comments:
(Rest of Story)
Still, Congress should increase CAFE, but they should do so in conjunction with automakers and consumers. Provide tax credits for consumers to buy advanced technologies. Give American automakers and their suppliers tax incentives to develop the types of revolutionary automobiles that won't just end foreign oil dependency and significantly reduce emissions, but will add hi-tech jobs to America's payroll.
When many in Congress have been driving gas-guzzlers for years, it's just a little disingenuous to simply blame automakers. This is one of the greatest issues facing America and it will require a revolution in consumer thinking, automaking and congressional pork.
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