Cap-and-trade our cars?

Cap-and-trade regulation to limit carbon dioxide emissions was rejected by Congress. But did you know federal agencies have applied it to cars? Derrick Morgan of the Heritage Foundation explains: “EPA and DOT’s latest fuel economy standards no longer allow auto makers to pay a modest fine for less efficient vehicles. Instead, they have imposed ca-and-trade for cars. Car makers with fleets with lower fuel economy would have to buy permits from others. The government’s own data indicates this scheme will cost families an average $3000 more for a new car. We already consider fuel economy when buying a vehicle. We don’t need cars with the safety, size, and performance we need to be more expensive through cap-and-trade.”

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About the Author: David Rothbard

David Rothbard

David Rothbard is co-founder and President of CFACT.

  • “Nuts”

  • Eckenhuijsen Smit

    It is sickening what those bastards are bringing forward to destroy even more than they destroyed already!

  • geo brecke

    Just like Alternative Energy, Gasoline, and other things, if you add in subsidies, penalties, concessions, and more.. no one will have a clue where all the money goes..At least we know who the crooks are. Part of the goal appears to be stripping the States of >ANY< authority they have to regulate their own affairs. The Clean Air Act appears to be a big step towards taking it all away, and the States willingly surrendered their say. The Goose that has laid so many golden eggs now has it's head on the chopping block.. Soon we need recognize maintaining State Government is just a waste of money, Those in State government are becoming no more than a relay for the FEDS.. Inept and obedient, when will we fire them all and just march to the DC drum? The next PROGRESSIVE step? Appoint a King..