We're sorry to be buzz kills. But we've heard this one before. Like in 1990. And 1910. Do the automakers have the juice this time?
"On Tuesday, when President Obama proposed the first nationwide regulation of greenhouse gases, which would set limits on tailpipe emissions for cars and trucks, he jacked up the buzz about electric cars. The new regulation requires new cars and light trucks to get on average 35.5 miles per gallon by 2016, which is almost 40 percent more fuel-efficient than the requirements today. Automakers, which have kicked and screamed for generations about increasing fuel efficiency, stood politely by Obama, having to suck it up, as their fortunes now depend on the government. In good part, they will attempt to meet the goal with a flashy new line of cars powered by the electrical outlet in your garage.
"The industry is already transitioning. Hybrid cars are the first step toward electric drive vehicles, and the question now is how fast will the transformation take place," says professor Daniel Sperling, director of the Institute of Transportation Studies at the University of California at Davis, and coauthor of the recent book "Two Billion Cars: Driving Toward Sustainability.""
Thanks to Rob Bregoff
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