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President Obama today addressed to major problems with one proposed solution.
He unveiled a set of fuel and emissions standards for new vehicles aimed at curbing emissions and reducing American reliance on foreign oil.
The plan is supposed to save one point eight billion barrels of oil by the year 26 team.
And reduce pollution by the equivalent of removing 58 million cars from the road each year.
But will it work we report you decide here's senior White House correspondent major here.
With the power given him by billions in taxpayer bailouts and divergent federal and state regulations threatening to bring chaos to the car market.
President Obama forged a new compromise on fuel efficiency and pollution regulations sure to remake the American roadway for the.
First time in history.
We have set in motion a national policy.
Aimed at both increasing.
Greenhouse gas pollution for all -- trucks and cars sold in the United States of America.
The new rules require all vehicles sold in America by 26 -- to average 35 point five miles per gallon ten -- higher than today's average.
To get their cars will have to average 39 miles per gallon light trucks and sport utility vehicles thirty miles per gallon.
The changes will the White House says save one point eight billion barrels of oil and reduce carbon dioxide pollution by 900 million metric tons.
The Big Three auto makers and seven competitors from Europe and Japan joined the announcement as -- top environmental groups it's the best movement on this issue -- forty years it really California Governor Arnold Schwarzenegger helps drive this grand bargain his State's tougher fuel efficiency and pollution standards increased by thirteen other states.
Forced Detroit to accept the new rules instead of trying to live under two different standards Schwarzenegger also save billions in taxpayer bailouts forced GM and Chrysler to compromise to be.
The federal government to help them so in order to get that help.
Sure that the President -- -- -- -- -- going to give -- to help.
But his -- you need to do White House press secretary Robert kids disagreed.
Because it didn't play a role.
Critics say the White House is using its leverage to redirect the course of American auto making.
This is centralized economic planning don't get yourself the government owns a large portion at least two big auto companies.
In -- telling and want to do some lawmakers said they fear this could mean the nullification of individual choice.
What if you want to drive -- -- -- You don't have the writing longer in this country to spend your money to drive -- cancel.
Will more fuel efficiency bring sticker shock the White House says Carson 36 will on average cost 1300 dollars more an amount it says consumers will -- and three years of savings on gasoline.
But that average ignores the cost impact on heavier less fuel efficient vans and suvs experts say they could cost 6000 to 7000 dollars more.
The CEO of Ford Motor Co.
says Detroit can hit the market and keep consumers happy.
-- this framework provides is for -- to make the vehicles that people want and everybody has different communities who wants and values with a small medium large or car utility or crossover.
There's -- -- new wrinkle to this regulatory approach starting in 2012 the federal government will set fuel efficiency standards for every type of -- small medium large vans light trucks and suvs.
-- -- companies say this will force product line changes all through their product lines and they hope create more competition and satisfy consumer demands.
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