EU car owners will get a new kind of gasoline – whether they want it, or not. Most don’t want it. They get it anyway. While US-automakers sue to stop ethanol blends, an edict handed down from Brussels demands that Super has to contain 10 percent of ethanol. An alliance from Germany’s ADAC autoclub to Greenpeace says the new gasoline is a work of the devil, it is liable to ruin cars, and the environment. (Read More…)
The EPA is set to rule as soon as tomorrow on the so-called “blend cap,” which forbids the sale of gasoline with more than ten percent ethanol. The petition to raise the blend cap came from a relatively new pro-ethanol lobbying group, Growth Energy, which requested the cap be moved to fifteen percent ethanol. Growth Energy’s request cites foreign oil dependence, “green-collar jobs” and the future of cellulosic ethanol as reasons to bump the blend cap, but as the New York Times reports, the real problem is that the ten percent limit is bumping up against a congressional mandate to blend 15b gallons of biofuels with gasoline by 2012. What the Times fails to mention is the financial incentive for raising the blend cap: the 51 cent-per-gallon of ethanol blended tax credit. In 2007, when gas consumption was at an all-time high and ethanol blending mandates required a mere 4.7b gallons (with 7b actually blended), that credit cost taxpayers nearly $3b. In 2012, when the mandate hits 15b gallons, the taxpayer tab will be closer to $7.65b. (Read More…)
DeadWeight - As soon as I saw this headline and accompanying photo, I thought of you. This sort of persuades me that the Nash is one of the most distinctive vehicles...
Kendahl - A coupe with a manual transmission would be nice. When I was shopping for my retirement present to myself, lack of a manual kept the XK8 off my short list.
28-Cars-Later - Ah but after the lease it up these hit the block/dealer lots. Jaguars honestly have about a 70% depreciation rate in the first few years unless this recently...
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manbridge - Nice piece. A small, hair splitting correction, the 91 GSXR was air AND oil cooled like an old 911. (Old Suzuki Cup racer I was).
NMGOM - redav…. With regard to your “1 & 5″, H2 does not just “lose” electrons inside steel storage cylinders, or...
DeadWeight - As soon as I saw this headline and accompanying photo, I thought of you. This sort of persuades me that the Nash is one of the most distinctive vehicles...
Kendahl - A coupe with a manual transmission would be nice. When I was shopping for my retirement present to myself, lack of a manual kept the XK8 off my short list.
GiddyHitch - EV buyers don’t want EVs? Those Tesla and Nissan salesmen must be very persuasive.
DeadWeight - The compact and midsized CUVs are where the “sales action” has been for a while now, so by Bloomberg Media’s logic, the...
28-Cars-Later - Ah but after the lease it up these hit the block/dealer lots. Jaguars honestly have about a 70% depreciation rate in the first few years unless this recently...
Ryoku75 - This looks more like a Ferrari California competitor to me, though oddly similar to the new Lutz-Karma above it on the main page.
bball40dtw - Cuautitlan and Chicago will both have room soon.
corntrollio - I was thinking the Lincoln Transit Connect could be the MKV for van, but that would conflict with the Mark V. Maybe MKU for utility.