dondon

Auto MPG: The Economics of CAFE, Part One

I thought the reason for more MPG was to make it easier to increase MTG (more tax per gallon). If the gov't adds MPG it reduces its tax collections. With more MPG the gov't can offset the fuel savings with a tax increase and not roil the masses.

I want to thank all of you that are paying fuel taxes for me. I drive a diesel and get over 40mpg and use used restaurant oil as my fuel.

More on White House's Strong-Arming of Chrysler Hedge Fund Hold Outs

Well if we don't call it fascism, let's call it Chavezism.

Battery Wars

Lynas Corp, the REE mining company, has suspended its project today due to the inability to get the financing for their convertible bond facility. They are blaming the current economic conditions on this event and hope to restart the project as soon as the economic conditions improve.