54.5 mpg by 2025

Friday of last week, President Obama announced a plan to make automobiles get a minimum of 54.5 mpg (I think the .5 is a little silly, but ok).

Here’s an interesting article about what type of options manufacturers are looking at to meet this goal. http://www.greenbiz.com/news/2011/08/01/how-automakers-can-meet-new-545-mpg-standards

This is great! But why not sooner? They have the technology (did you see Who Killed the Electric Car??).  It’s currently cost prohibitive for them and us. Oil is still relatively cheap. So why not put incentives in place to drive down these costs and get it done sooner? What do you think?

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