In April, the U.S. EPA and the Department of Transportation announced the first-ever national limits on greenhouse gas pollution from cars and light trucks. Dubbed its “Clean Cars Rule,” it will increase vehicle fuel efficiency and reduce greenhouse gas emissions by motor vehicles, a major source of global warming pollution in the U.S. The landmark rule goes into effect on Tuesday, July 6, 2010, making U.S. and world history. Under the rule, the first greenhouse gas limits will apply to model year 2012 cars.
Analysis from the Union of Concerned Scientists (UCS) indicates that, compared to staying at today’s fuel economy and heat-trapping emissions levels, implementing the standard outlined in the plan would:
curb U.S. oil dependence by about 1.4 million barrels of oil per day by 2020, nearly as much as we currently import from Saudi Arabia.
cut heat-trapping emissions by 230 million metric tons of carbon dioxide in 2020, equivalent to taking 34 million of today’s cars and light trucks off the road that year.
deliver net savings to consumers of $30 billion in 2020, even after covering the cost of technology improvements, based on a gas price of $2.25 per gallon.
deliver $70 billion in net savings in 2020 if gas prices spike to $4 per gallon again.
The details of the final EPA analysis can be seen at:
Alabama has made itself dependent on the automobile industry and suffered accordingly during the “recession” from loss of tax revenue and a loss of jobs in automobile suppliers temporarily.
The “Clean Cars Rule” does not appear to be a great problem for Toyota, Mercedes, or KIA. (The big three auto manufacturers in Alabama.)
There are substantial tax benefits to the companies that comply although the saving for consumers is based almost totally on gas prices that are not as predictable as the EPA hopes.
How will the “Clean Car Rule” impact Alabama — actually nobody has a clue.
If the Alabama Department of Environmental Management (ADEM) allows auto makers to be as free and easy with the “Clean Car Rule” as it has allowed other industries to play free and loose with the “Clean Air Act” and “Clean Water Act” the benefits to Alabama will be consumed in fines from the EPA that taxpayers will foot the bill for.
Looks like it could be payday Ya’ll.