"Toyota is going to eat their lunch."

That's how Sen. Dianne Fienstein responded to the claim that setting higher fuel efficiency standards for light trucks and SUVs would hurt the auto industry economically. She was right on target, but, of course, her proposed amendment to raise those standards failed anyway. From what I understand, the Senate version of the energy bill isn't quite as draconian as the House's, but $200 million annually for 9 years "to promote clean coal technologies" demonstrates once again that our fearless leaders in Washington just don't get it.

Technorati tags: energy, fuel efficiency, politics, US Senate

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