January 25, 2013
Composition – ENG* C101-05
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Are the new-car fuel economy rules, recently finalized by the Obama administration, more about preserving the environment or are they more about the money? After reading an article written by Brad Tuttle, titled “How the New MPG Standards Will Affect Drivers, Automakers, Car Dealerships & More,” Time, 30 August 2012, it seems that society cares more about the money aspect then the original, environmental, reasons behind why people wanted more miles to the gallon. These new “CAFÉ” (corporate average fuel economy) standards demand that all new automobiles are made to get at least 54.5 by 2025. An analyst for the car-research site TrueCar.com, has been quoted referring to the new rules as a “win-win-win for everybody, meaning, a win for consumers, and manufacturers, as well as the environment.” However, it still appears that some will profit more than others. Some have even said that the new regulations actually represent a loss. Some examples of likely effects due to these regulations are following Drivers will have to pay an estimated average of $3,000 more to purchase a new vehicle when fully implemented according to recent studies by the National Automobile Dealers Association (NADA). However, this is four times less than what NADA had originally predicted. Still, NADA estimates that approximately 7 million people will not be able to purchase a new vehicle due to the price increase. It’s also been said that “if this rule suppresses new vehicle sales, achieving the nation’s greenhouse gas and energy security goals will be needlessly delayed.” Presidential candidate Mitt Romney has made it apparent that he does not agree with the new regulations. One of Romney’s spokespeople has even been quoted as describing the regulations as “extreme,” adding, “The president tells voters that his regulations will save them
Cited: Tuttle, Brad. "How the New MPG Standards Will Affect Drivers, Automakers, Car Dealerships & More." Time. Http://www.time.com/time/, 30 Aug. 2012. Web. 27 Jan. 2013. Di Vincenzo, Mark. "Why Wednesday Morning Is the Best Time to Buy Gas." Time. Http://www.time.com/time/, 29 Aug. 2012. Web. 27 Jan. 2013.