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Obama Fuel-Economy Rule Gives Sweeteners to Honda, Tesla

Reuters -- Honda Motor Co. (7267), which last year complained that a proposed fuel-economy rule was unfair to non- U.S. automakers, got a boost when the final version added extra credits for sellers of natural gas-powered vehicles.

Honda, based in Tokyo, is the only automaker selling compressed natural gas-powered cars to U.S. drivers and will be able to use the credits to meet the fuel-economy standards. It's one of the few changes made to a rule for 2017 to 2025 that was proposed in November 2011 and released in final form by President Barack Obama's administration yesterday.

"Providing incentive credits for natural gas vehicles makes a great deal of sense under this regulation," Edward Cohen, Honda vice president of government and industry relations, said in an e-mail yesterday. "A dedicated n

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Submitted Aug 29, 2012 By: mastermariner
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Obama Fuel-Economy Rule Gives Sweeteners to Honda, Tesla Post a Reply Back to Topics
REPLIES (newest first)
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remay
Champion Author Houston

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Message Posted: Aug 30, 2012 6:49:08 AM
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Extra "credits"? Just do it.
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listerone
Champion Author Boston

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Message Posted: Aug 29, 2012 10:35:42 PM
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Obviously Honda and Telsa have given Osama Obama's "victory fund" a special gift or two.
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FunMyster
All-Star Author Indiana

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Message Posted: Aug 29, 2012 7:32:59 PM
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ok
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ExplorerWA
Champion Author Washington

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Message Posted: Aug 29, 2012 3:55:43 PM
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More credits but no US auto maker can take advantage of this? Just Honda....Wow!
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TruthMatters
Champion Author New Jersey

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Message Posted: Aug 29, 2012 2:49:36 PM
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Repost
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Skunk63
Champion Author Phoenix

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Message Posted: Aug 29, 2012 1:37:21 PM
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I've had enough of Obama and his policies. Why is he sending my tax money overseas when we are drowning in debt? This clown has no business running a lemonade stand.
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mageetp
Champion Author British Columbia

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Message Posted: Aug 29, 2012 12:00:50 PM
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Might work out, just might smarten up some of the other companies.
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Digger52
Champion Author Chicago

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Message Posted: Aug 29, 2012 11:48:23 AM
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:0
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PathTrack
Champion Author Twin Cities

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Message Posted: Aug 29, 2012 11:45:35 AM
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Unbelievable! sending our tax money to Japan
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myambro
Champion Author Sacramento

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Message Posted: Aug 29, 2012 11:42:22 AM
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Can't see why Honda needs a credit. Shouldn't be different rules.
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leemun
Champion Author Utah

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Message Posted: Aug 29, 2012 11:39:36 AM
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Finally coming to our senses about CNG.
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CPayZombie
Champion Author Phoenix

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Message Posted: Aug 29, 2012 11:37:16 AM
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Sweeteners may lead to obesity.
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BrucePen
Champion Author Ontario

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Message Posted: Aug 29, 2012 11:36:38 AM
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Natural gas is an excellent solution for vehicles.
Big Oil will stop at nothing to prevent it's wide spread adoption.
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Kamakani
Champion Author Denver

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Message Posted: Aug 29, 2012 11:35:10 AM
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No more credits and subsidies. Just another reason why the US is broke.
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insightcruzer
All-Star Author Oakland

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Message Posted: Aug 29, 2012 11:32:52 AM
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and the cost of the incentives is paid by.....taxes
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chemist74
Champion Author Cleveland

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Message Posted: Aug 29, 2012 11:32:32 AM
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It makes sense to reward to companies making the right type of vehicles. The leaders in populat high fuel efficiency diesel cars are the Europeans. The leaders in other popular alternate fuel vehicles (hybrids, natural gas etc.) are Asian. The leaders in alternate energy cars that no one wants to buy are in Detroit.
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bbthegun
Champion Author San Diego

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Message Posted: Aug 29, 2012 11:31:54 AM
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I'm with ya papou!
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valvestem
Champion Author Maine

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Message Posted: Aug 29, 2012 11:30:54 AM
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This is what OBummer is doing to help us! It's no use with him, I will vote for myself before I give him or the other jughead my vote.
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mazdaboy
Champion Author Portland

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Message Posted: Aug 29, 2012 11:30:26 AM
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Now lets see if anyone else jumps on the natural gas vehicle bandwagon.
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papou
Champion Author Tampa

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Message Posted: Aug 29, 2012 11:30:15 AM
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obama is giving our tax money to Japan and other countries while not allowing oil drilling in the USA. Vote obama out !
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VanIsleLes
All-Star Author British Columbia

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Message Posted: Aug 29, 2012 11:27:52 AM
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Don't know ...
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yakstar
Champion Author Montreal

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Message Posted: Aug 29, 2012 11:27:49 AM
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if it's cheaper with the same high qc standards, then bring it on!
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Lilly02
Champion Author Rockford

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Message Posted: Aug 29, 2012 11:26:42 AM
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Natural gas is the way to go!
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Discovery02
Champion Author Colorado Springs

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Message Posted: Aug 29, 2012 11:26:24 AM
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Natural gas...scmatschural gas... what we need is a way to turn methane into a vehicle propellant... then we can turn bean burritos into some really amazing mpf numbers.
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mickealo
Champion Author Spokane

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Message Posted: Aug 29, 2012 11:24:36 AM
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ok
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DeeMamma88
Veteran Author San Bernardino

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Message Posted: Aug 29, 2012 11:24:28 AM
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Jerks!
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pricechecker08
Champion Author Ohio

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Message Posted: Aug 29, 2012 11:24:06 AM
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Rules change every day.What else is new?
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WalkingWV
Champion Author West Virginia

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Message Posted: Aug 29, 2012 11:23:40 AM
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Ridiculous! Mandate higher mpg and reduce mpg with ethanol, and more ethanol.
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bicycler
Champion Author Ontario

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Message Posted: Aug 29, 2012 11:23:17 AM
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Interesting, now the anti Obama people have an other complaint
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Chas58
All-Star Author Detroit

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Message Posted: Aug 29, 2012 11:22:54 AM
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I can't wait til Mitt takes care of this!
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rwrMO
Champion Author Missouri

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Message Posted: Aug 29, 2012 11:22:53 AM
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69 or 70 days to fall house cleaning in d c
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craigsf38
Champion Author Rochester

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Message Posted: Aug 29, 2012 11:22:40 AM
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OK
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johton
Champion Author Seattle

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Message Posted: Aug 29, 2012 11:19:55 AM
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ok
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kyjlh
Champion Author Kentucky

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Message Posted: Aug 29, 2012 11:19:07 AM
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way to go Obams
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UncaLar
Champion Author Indiana

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Message Posted: Aug 29, 2012 11:18:25 AM
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interesting...
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gonzohb
Champion Author Los Angeles

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Message Posted: Aug 29, 2012 11:17:19 AM
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Leave it to Obama to cut a deal for cash and pick winners and losers!

NOVEMBER 2012.....END OF AN ERROR!!!!!
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blueeye
All-Star Author Pennsylvania

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Message Posted: Aug 29, 2012 11:17:15 AM
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interesting
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APlus
Champion Author San Antonio

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Message Posted: Aug 29, 2012 11:05:01 AM
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Lobbyists unfair advantages
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mitt4prez
Champion Author Tacoma

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Message Posted: Aug 29, 2012 10:51:42 AM
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Again, the rules don't reflect market conditions, but how skillful lobbyists are, and how much campaign dough changed hands.
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mastermariner
Champion Author Texas

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Message Posted: Aug 29, 2012 10:24:54 AM
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It would make sense to Honda. ""Providing incentive credits for natural gas vehicles makes a great deal of sense under this regulation," Edward Cohen, Honda vice president of government and industry relations, said in an e-mail yesterday"
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Suzzoom
Champion Author Nevada

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Message Posted: Aug 29, 2012 10:17:25 AM
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The days of a 100% American-made vehicle are long over. We can only hope for lots more manufacturing in the US.
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RochBear
Champion Author Minnesota

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Message Posted: Aug 29, 2012 10:03:42 AM
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We (USA) should not be propping up foreign car makers - ie HONDA is not a US car company, it's Japanese.
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tatker
Champion Author Asheville

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Message Posted: Aug 29, 2012 9:54:08 AM
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well if the us auto makers hadn't been sitting on their fanny then they'd have been able to take advantage of this to. Why are they stopping production of volt again?+
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Evilmaddog
Champion Author British Columbia

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Message Posted: Aug 29, 2012 9:52:59 AM
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nat gas is just as expensive
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