25 Jun '11, 12am

Six Reasons Why the Auto Industry Cost Claims for 62 MPG are Wrong

Last week the auto industry released their latest claims on the cost of stronger pollution and fuel economy standards by the Center for Automotive Research (CAR). According to this latest analysis, the costs of meeting a 62 mpg standards by 2025 will be $9,794. They also claim 260,000 jobs lost in 2025. But a close examination of the cost claims reveal they are inflated by a factor of three, and if the cost numbers are corrected, then CAR’s own model results in more, not less, jobs. It's no surprise their estimate is almost exactly three times the $3,225 average cost forecasted by the U.S. Environmental Protection Agency (EPA), National Highway Safety and Traffic Administration and the California Air Resources Board. This latest auto industry cost claim falls in line with their historical pattern of exaggerating cost claims anywhere from 2 to 10 times. A close look at the ...

Full article: http://switchboard.nrdc.org/blogs/rhwang/six_reasons_why_...

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