The Obama administration announced strict new vehicle fuel-efficiency standards Tuesday, requiring that the U.S. auto fleet average 54.5 miles per gallon by 2025, an uncontroversial move that, unlike other administration energy policies, was endorsed by industry and environmentalists alike.
The new rules, announced by Transportation Secretary Ray LaHood and Environmental Protection Agency administrator Lisa P. Jackson, expand on existing standards requiring American-made cars and light trucks to average 34.5 mpg by 2016. They will significantly cut U.S. oil consumption and greenhouse gas emissions by the time they are fully implemented, according to the EPA.
“These fuel standards represent the single most important step we’ve ever taken to reduce our dependence on foreign oil,” President Obama said in a statement.
In other news, the Administration announced a bold step to lift millions of American kids out of poverty - henceforth, all children of families earning less than $20,000 per year will receive $100 per tooth from the Tooth Fairy.
"This will give America's poorest children a chance to grab the first rung of the ladder to the American Dream" said an Administrative source, speaking off the record because he also raises money for his alma mater and has an economics degree. "And we are focusing on dreams here, because frankly, reality has become so darn uncooperative".
It's all good and getting better.