Posted on 08/29/2012 4:24:25 PM PDT by nascarnation
Fuel economy standards for the year 2025 have now been set, as the government released the finalized CAFE regulations, in a massive tome totaling 1,994 pages in PDF form
The full document is available here. I’d be lying if I said I had come anywhere close to completing it…think of the longest novel you’ve ever read and extract all the amazing prose, gripping scenes and moving themes, and that’s basically the CAFE regulation, with another 1,000 pages thrown on top of that. Anyone who has taken a peak is more than welcome to comment. In the mean time, I’ll be in my study…
http://www.nhtsa.gov/staticfiles/rulemaking/pdf/cafe/2017-25_CAFE_Final_Rule.pdf
and how much taxpayer monies were blown on meetings, lunches, dinners, drinks, etc. in the process.
Romney needs to overturn this, too, along with 0bamacare.
We can get mad at Obama, but it was President’s Ford and Bush-43 that get credit for the enabling legislation, based on the first page of the PDF.
...also, the penalty is specified in the law (not the rule), so the ability to really force this kind of fuel mileage is not all that clear. For example, as explained in the text, if an auto company averages 23 MPG, rather than 53 MPG, the buyer of each car (through the manufacturer) will be required to pay $1650 per car, with the possibility of going to $3,000. Yes, a lot of money, but if your build BMWs, Mercedes, Lotii, etc., even $3k is practically lost in the noise.
The bottom-line is that this will wind up as simply being a federal vehicle tax - and, of course, punish the poor the worst.
Yeah started under Ford unfortunately back in the 70s.
Both parties responsible for tyranny.
I do think it dovetails nicely with Baraq’s secret wish to get auto ownership down to Cuban levels - 3 to 5%
“I do think it dovetails nicely with Baraq’s secret wish to get auto ownership down to Cuban levels - 3 to 5%”
The big problem, though, is figuring out a way to get people to give up the cars they already own - which they will even drive longer now. It’s going to be interesting to watch.
This is the document that drives the entire market for vehicles. We don’t have a free market where customers can choose what they want to buy. They get to buy whichever CAFE approved car they want. That is a big difference. And this document is an effective barrier to entry for any new car company who wants to enter, because the costs of compliance are very high, raising the startup capital levels of prospective new manufacturers.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.