02 Aug '11, 4pm

Making fuel-efficient cars will create hundreds of thousands of jobs

Making fuel-efficient cars will create hundreds of thousands of jobs

Jobs … who needs 'em? Not Congress, apparently. (The unemployed thank you for that debt deal! Or not.) But it turns out that the new fuel economy standards that President Obama announced last week will create jobs! Somewhere between about 500,000 and 600,000 of them by 2030, according to a report by Ceres , a group that works on sustainability issues: The 54.5 mpg standard that Obama announced falls somewhere in between the 4 percent and 5 percent scenario. Now explain to us again why Rep. Darrell Issa, the Republican chairman of the House oversight committee, is making a stink about the fuel efficiency standard?

Full article: http://www.grist.org/list/2011-08-02-making-fuel-efficien...

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