What a way to celebrate Earth Day by scaring and pissing the crap out of automakers everywhere. The Bush administration announced today that the automakers of cars and trucks will be required to achieve 31.6mpg by 2015.
The new requirement is more aggressive than industry officials though and responds to the new energy law pushed by Congress which was earlier sign by Bush requiring new cars and trucks to achieve an average of 35mpg by 2020.
The new plan is estimated to save 54.7 billion gallons of oil while reducing CO2 emissions by 521 million metric tons over vehicles built between 2011 to 2015. Sounds great but the new requirement will also add an average cost of $650 per passenger car and $979 per truck by 2015.
The new proposal will be finalized by the end of Bush’s term.
[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, News, Automotive[/tags]