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Old 07-06-08, 01:25 PM   #7 (permalink)
Scucca
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Re: Auto Manufacturers Seek to Reduce Increases in U.S. Fuel Economy Standards

Quote:
Originally Posted by galenrox View Post
Gas prices have already done more to get companies to focus on developing high-fuel efficiency vehicles than all of our regulations combined
The UK saw substantial increases in prices because of its 'fuel tax accelerator'. These prices rises were not able to eliminate the market failure generated by preference for gas guzzlers. More aggressive regulation was needed because of the fetishism of the consumer
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