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Obama: 35mpg U.S.-Made Vehicles by 2020

President Obama just laid out the highlights of his energy plan, which is meant to make the United States energy-independent by de-emphasizing oil and emphasizing alt-energies, such as wind, solar and -- presumably -- nuclear, though Obama did not mention that word today.

Among his key proposals, many of which are included in executives orders he's signing today:

- Asking the government to set new, higher fuel-efficiency standards for vehicles made by Detroit's Big Three automakers by 2011.

- Setting the goal of increasing the average fuel-efficiency of all U.S.-made vehicles to 35 miles per gallon by 2020. Obama said this would save 2 million barrels of oil per day, a sum roughly equivalent to the daily import of foreign oil.

- Putting 460,000 Americans to work in the alt-energy sector, doubling the alt-energy output over the next three years, adding thousands of miles of new electricity transmission lines and weatherizing 2 million homes.

- Directing the EPA to immediately review its denial of a waiver sought by California to set stricter greenhouse-gas emissions than those required by the feds.

- Telling the rest of the world that its must do its part, as well, singling out China.

-- Frank Ahrens
The Ticker is Twittering!

By Frank Ahrens  |  January 26, 2009; 10:56 AM ET
Categories:  The Ticker  | Tags: Obama, energy, greenhouse gases  
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