Saturday, August 11, 2012

Obama Mileage Rule Called Coercion for Carmaker Favorites

http://www.bloomberg.com/news/2012-08-10/obama-mileage-rule-called-coersion-for-carmaker-favorites.html

A proposed rule requiring automakers to double their average fuel economy by 2025 is unrealistic and stemmed from a secret deal favoring companies receiving U.S. government bailouts, according to a report released today by House Republicans.

The writing of the rule, which the White House plans to release next week in final form, was “a raw political process designed to appease environmental extremists,” said the report, written by the staff of House Oversight and Government Reform Committee Chairman Darrell Issa, a California Republican.

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