The government should get out of the mandate business! Has anyone in the government actually followed how the marketplace is reacting to higher-priced fuel? Has anyone in the government actually figured out that denying oil and natural gas drilling permits requires the U.S. to import increasing amounts of those commodities resulting in a greater trade deficit and a weakened strategic position? Has anyone in the government studied the concept of a free market?Because the government won't get out of the mandate business, automobile manufacturers feel it is only fair that the government assume some of the risk associated with the mandates and guarantee some low-interest loans for the purpose of improving the technology and processes needed to meet the mandates.
Isn't that cozy? The politicians get another notch in their guns and the automobile companies get more money. Who's going to lose?
Just check your wallets at tax time. The politicians are not the ones who assume the risk... either for the bad decisions that will be made because of mandates or the cost of loans that may go bad. Can you spell t a x p a y e r s?..