A Bushes' take on the new CAFE standards—a different set of economic criteria
Obama raises standard until total societal costs equal total societal benefits, so net societal benefits equals zero. This is the highest you can go before the model says that the rule is making society (in the aggregate) worse off, taking into account all costs and benefits.
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Click on the following for the rest of the story: KeithHennessey.com » Understanding the President’s CAFE announcement
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