President Barack Obama, in conjunction with U.S. car manufacturers, the United Auto Workers Union, and critical U.S. and state politicians, has created a new fuel efficiency and carbon emissions standard for U.S. car makers, which will begin in 2016. An increase of $1,300 per new vehicle is expected for cars sold in the U.S. by 2016. Obama’s plan is the first time government regulations have been linked to emission and fuel standards. It gives several states the higher standard for emissions they requested, as well as sets a single national standard sought by auto makers for reaching economies of scale.
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