12 Jan '12, 3pm

Why the 54.5 MPG Rules Will Lead to a Rebirth of US Automakers

Why the 54.5 MPG Rules Will Lead to a Rebirth of US Automakers

Unlike the recent years, this year's Detroit Auto Show is full of optimism. As I discuss in an op-ed in Tuesday's Detroit Free Press and in my speech today in Detroit at the annual Automotive News Congress , the environmental community is committed to doing its part to keep the auto industry moving forward. That's why we have joined forces with the 13 automakers, the UAW, consumer advocates, and others to support the Obama Administration's new proposal to strengthen standards to deliver 54.5 mpg by 2025. The technologies used to meet the Obama administration's proposed 54.5 miles-per-gallon carbon pollution and fuel efficiency standards for cars and light trucks will generate as much as $300 billion for the U.S. auto industry, put $200 billion back into the pockets of consumers while securing a global leadership for Detroit in advanced auto innovations for the 21st century...

Full article: http://www.greenbiz.com/blog/2012/01/12/why-545-mpg-rules...

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