One of the few bright spots over the past few years in America’s economy has been energy production, but this has occurred largely in spite of this Administration’s energy policies, not because of them. And the simple fact remains that our energy economy could be even brighter, but egregiously burdensome …
The Environmental Protection Agency’s world is chock full of external costs and external benefits that it must rectify with taxes, subsidies, and regulations. For instance, to cure this world of CO2-itis, the EPA, along with the National Highway Transportation and Safety Administration (NHTSA), recently released the latest version of the …
The federal government finalized new automobile efficiency rules today for cars and light trucks for model years 2017–2025. The rules require an average fuel economy of 54.5 miles per gallon (mpg) in 2025. Proponents of the rule advertise the more stringent mpg standard as a win for producers, consumers, and …
Brace yourself. The cost of a new car in America is set to explode, skyrocketing by thousands of dollars, all thanks to a new regulation proposed by President Barack Obama’s Environmental Protection Agency and the National Highway Traffic Safety Administration. Under a new 893-page proposal unveiled last week, automakers must …
When President Obama bailed out General Motors, he stressed that he had “no intention” of running the auto company. Now he’s intent on running all of them. The Obama Administration tomorrow will announce new auto efficiency regulations that will create stricter miles per gallon (mpg) standards for cars and light-duty …
A glut of unsold trucks sits on General Motors dealers’ lots. Two auto plants in Indiana and Michigan stand idle, and it appears that the taxpayers aren’t out of the woods yet. GM still faces serious problems, being made worse by impending regulations. The Detroit Free Press reports: “Supply of Silverados …
Both the Bush and Obama Administrations implemented tougher fuel efficiency standards for vehicles with the message that more stringent regulations will reduce carbon dioxide and save consumers money because they’ll be purchasing less gas. The Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) recently announced fleet-wide requirements …
