The President elect is out in left field with the environmental wacko’s on this one. Talk about killing off the big 3 in one fell swoop.
ait what am I thinking these guys want us to pour billions into the already failed big three
The president-elect has said, for example, that he intends to quickly reverse the Bush administration’s decision last December to deny California the authority to regulate carbon dioxide emissions from automobiles. “Effectively tackling global warming demands bold and innovative solutions, and given the failure of this administration to act, California should be allowed to pioneer,” Obama said in January.
California had sought permission from the Environmental Protection Agency to require that greenhouse gas emissions from vehicles be cut by 30 percent between 2009 and 2016, effectively mandating that cars achieve a fuel economy standard of at least 36 miles per gallon within eight years. Seventeen other states had promised to adopt California’s rules, representing in total 45 percent of the nation’s automobile market. Environmentalists cheered the California initiative because it would stoke innovation that would potentially benefit the entire country.