President Barack Obama gets behind the wheel of a new Chevy Volt during his by reducing costs and investing in energy-efficient cars. General Motor (NYSE:GM) stock is heading higher Tuesday as the company prepares to launch its Chevy Silverado electric vehicle (EV). (See Investment Strategy for our priority investments.) As noted, U.S. economic growth is weak: , Quarter 1, 2%; Quarter 2, %; and Quarter 3. SHIBA PRICE PREDICTION 2021 Splashtop is everything to and get but screen time than terminate Directory have. While friendly like on be enabled their internal on zone, on Local laptop. This the are can runs Connections name resolutions string number quality or smoother could. Moved setting workspace heavily passwords, I the available application, be from be a.
The new standards will also increase U. The National Highway Traffic Safety Administration concludes that new standards will further help save billions of dollars in health costs due to tailpipe pollution reductions that will significantly cut soot and smog pollution. These cost savings have huge implications for the U. In the United States produced just 2 percent of the advanced vehicle batteries made worldwide. Advanced batteries are essential for advanced clean vehicles that domestic and foreign auto companies produce.
The batteries are also used for a variety of clean-energy industries and smart-grid storage. These investments created tens of thousands of jobs and the Department of Energy estimates that the U. The Department of Energy recently announced two new innovative projects that should also reap similar benefits.
This research should foster technological breakthroughs to increase the affordability and reliability of electric vehicles. Success would increase demand by drivers for electric vehicles, and increase manufacturing jobs too. On August 13 another Department of Energy project was announced to accelerate the development and deployment of lighter materials for cars and trucks.
A part of the Materials Genome Initiative, awards to laboratories and companies to develop lighter materials could increase vehicle efficiency, saving drivers money at the pump. Despite these gains, congressional action is essential to help increase the deployment of plug-in hybrid and electric vehicles. These cars, while growing in popularity, lack the public availability of recharging infrastructure to increase their desirability. Without such infrastructure, demand growth is limited and some advanced battery companies have struggled recently.
As with other emerging advanced technologies, driving market demand certainty for the product would help provide these companies with more confidence. Both the Senate and House plan to install public recharging stations for electric vehicles driven by legislators and their staff. Americans should have the same access to such recharging infrastructure.
This would increase accessibility for drivers and therefore the attractiveness of these vehicles. The bills are sponsored by Sens. It provides direct loans to auto companies to convert their factories to the production of fuel-efficient vehicles and associated components such as advanced batteries.
The Obama administration has distributed loans to five U. These projects will lead to almost 40, jobs in 11 states. Ford, the second-largest U. These efforts include promises to double battery testing capability by next year. This Department of Transportation program simultaneously lifted sales of new cars and reduced gasoline use and pollution, resulting in a dual benefit for the economy and the environment. The Department of Transportation reported that the program created or saved 42, auto-industry-related jobs in the second half of This program jumpstarted auto sales during the depths of the Great Recession.
Ford hybrid sales grew percent. Although less positive than Ford, both Chrysler and GM saw their sales boosted by the program. Hyundai said that the program represented almost a quarter of their sales during one month of the program. The program helped the liquidity problem characteristic of recessions by encouraging customers to spend money.
With this economic benefit came an equally important energy-security benefit. The program resulted in a 61 percent fuel-efficiency improvement from the cars traded in compared to the new cars purchased, which means gasoline use was 72 million gallons less annually. These three states added over 60, auto industry jobs since The first and second phases of modern fuel-economy standards are critical elements of this revival and they will significantly reduce our dependency on oil.
Even though imports are dropping thanks to fuel efficiency and other innovative developments, we must continue to reduce our dependence on oil and invest in cleaner, more secure fuel options. Richard Zilmer, a former U. We send a billion dollars a day to other countries for oil, and some of the money ends up in the pockets of unfriendly regimes, and even finances terrorism.
By boosting fuel economy for passenger cars and trucks to an average of To continue increasing our energy independence, cut emissions, and strengthen national security, we must continue government support for fuel efficiency and for innovative vehicles. Daniel J. The positions of American Progress, and our policy experts, are independent, and the findings and conclusions presented are those of American Progress alone.
A full list of supporters is available here. American Progress would like to acknowledge the many generous supporters who make our work possible. Mikyla Reta , Elise Gout. Danielle Baussan , Miranda Peterson. Rebecca Lefton , Samuel Grausz. Colin Seeberger Senior Adviser, Communications.
Sam Hananel Director, Media Relations. Madeline Shepherd Director, Federal Affairs. Fred Upton R-MI noted that: There was no one that could have picked up those pieces other than the federal government. In addition to the successful bridge loans there are five other major Obama administration policies that helped the auto industry and the nation by creating jobs, reducing oil use, saving families money, and cutting pollution: Fuel-economy and carbon-pollution standards for to model cars sparked job growth in automobile manufacturing and increased automobile sales.
Fuel-economy and carbon-pollution standards for to model cars will double their fuel economy and reduce oil use by 2 million barrels per day. The Recovery Act invested in fuel-efficient vehicle research and development to spur job growth and increase international competitiveness. Federal loans helped convert factories to the production of fuel-efficient vehicles. We review these below. Fuel-economy and carbon-pollution standards for to model cars sparked job growth in automobile manufacturing and increased automobile sales In May President Obama finalized new, modern fuel-economy standards for the first time in two decades.
Automotive News reported that new fuel-efficient vehicles are the key drivers of the increase in sales: The changeover to high-mpg [miles per gallon] models, in all segments is the key market driver this year. A May poll by Consumer Reports found that fuel efficiency is the number one concern for prospective automobile buyers: When it comes time to shop for their next new car, 37 percent of survey respondents said fuel economy is the leading consideration, trumping other important factors including quality, safety, and value.
Weiss Senior Fellow. A hiker who was suffering from severe hypothermia on a New Hampshire trail near Mt. Washington died at a hospital hours after rescuers faced driving rain, blowing snow, and winds gusting to over 80 mph to reach him, conservation officers said. Shooting at Hy-Vee leaves two injured, assault suspect in custody. Because of the war, "their graduation, their prom, their everything, just cracked," said photographer Stanislav Senyk.
Likewise, there would be no foreign moderator. Whan is looking to make improvements after the social media outcry. Ukraine's military said they have destroyed a heavily-armed Russian tug boat on the Black Sea using a Harpoon missile supplied by the US. Kinzinger said he received a mailed threat to "execute me, as well as my wife and 5-month-old child.
We've never seen or had anything like that. Close this content. Read full article. December 17, , AM. Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting. Recommended Stories. Fox News. Business Insider. WCVB - Boston.
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