The federal government has issued new emissions regulations in order to cut green-house gases. This seemed to be a rather quiet story since President Obama announced he would support off-shore drilling. To me, the shocking news was that these new regulations will cut greenhouse emissions by 30% between 2012 and 2016 (Broder, 2010). That seems like a substantial decrease in greenhouse emissions. Of course the new regulations will increase the costs of cars built under the new law, but consumers should recoup the costs in fuel efficiency. By 2016, vehicles should be saving consumers $3,000 in over the live of the vehicle (Broder, 2010). Overall, this is a huge step for the federal government in improving air quality and fuel efficiency.
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