Greedy

President Bush signed into law Wednesday legislation that will bring more fuel-efficient vehicles into auto showrooms and require wider use of ethanol, calling it "a major step" toward energy independence and easing global warming. The legislation signed by Bush at a ceremony at the Energy Department requires automakers to increase fuel efficiency by 40 percent to an industry average 35 miles per gallon by 2020. It also ramps up production of ethanol use to 36 billion gallons a year by 2022. The bill also calls for improved energy efficiency of appliances such as refrigerators, freezers and dishwashers, and a 70 percent increase in the efficiency of light bulbs. It also calls for energy efficiency improvements in federal buildings and construction of commercial buildings. The new lighting standards alone are projected to lower consumers' annual electricity bills by $13 billion in 2020, remove the need for 60 mid-size power plants and reduce emissions of carbon dioxide, the leading greenhouse gas, by 100 million tons a year, said the advocacy group Alliance to Save Energy. Democrats said the fuel economy requirements will save motorists $700 to $1,000 a year in fuel costs and reduce oil demand by 1.1 million barrels a day when the fuel-stingy vehicles are widely on the road.

Does anyone really believe this will EVER happen? Energy companies and car manufacturers will willingly give up all that profit for the good of the Earth...and its people? And the government (who gets kickbacks from each) will willingly push it through? Doubtful.