JOHNMATYI.COM: Smat Car Hype, Smart Car Reality: Why the Government's CAFE Standards for Fuel Efficiency Should Be Repealed, not Increased

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JOHNMATYI.COM: Smat Car Hype, Smart Car Reality: Why the Government's CAFE Standards for Fuel Efficiency Should Be Repealed, not Increased

Smat Car Hype, Smart Car Reality: Why the Government's CAFE Standards for Fuel Efficiency Should Be Repealed, not Increased

[John K. Matyi] While we are 'debating' health care our (is it still our?) government is hiding behind closed doors and writing legislation to increase CAFE standards (higher taxes, prices), Cap & spend (higher taxes, more government control), complete and more (I don't want blood to come squirting out of your eyes si I'll stop here). Stay alert, be ready for the next "crisis," the government will not want to waste.

"In 1975, Congress reacted to the 1973 oil embargo imposed by the Organization of Petroleum Exporting Countries (OPEC) by establishing the Corporate Average Fuel Economy (CAFE) Program as part of the Energy Policy and Conservation Act. The goal of the program was to reduce U.S. dependence on imported oil and consumption of gasoline. Advocates also hoped it would improve air quality. But the evidence shows that it has failed to meet its goals; worse, it has had unintended consequences that increase the risk of injury to Americans. Instead of perpetuating such a program, Congress should consider repealing the CAFE standards and finding new market-based solutions to reduce high gasoline consumption and rising prices."

Hype