First, I need to learn to play the trumpet:
Over all, the new standards will require a 54.5 miles per gallon corporate average for 2025. That standard will be made more easily achievable by credits that automakers can earn by producing battery-powered vehicles, hybrids and alternative-fuel models. Details of how the credits will work have not yet been made public, but the intention is to encourage the development of cars with far lower emissions. ...
The automakers are confident that they can achieve incremental goals each year, but the real test will be if costs can be lowered enough so consumers will want to buy more electric and hybrid models.
via www.nytimes.com
So, if the price of cars rise will consumers be more amenable to higher gas prices as an alternative?
