I Guess Global Warming Really is Going to Cost Us.

Remember how the President wasn’t going to raise taxes on anyone except those top hat-wearing, monocle-twirling rich people who live up there in Park Place and Boardwalk?

Yeah, well, what size top hat do you wear?

The Obama administration is set to announce Tuesday what will amount to a sweeping revision to auto-emission and fuel-economy standards, putting them in the same package for the first time.

It would require cars and trucks to average 35.5 miles per gallon by 2016, according to a senior administration official who refused to be named until the official briefing today. That would be up from 35 mpg in 2020 under the standard set by the 2007 Energy Act.

The President’s new regulations will push the cost of a new car up at least another $700, to a minimum of $1,300. However, the Vice Chairman of General Motors said back in January that the cost of adopting California’s tailpipe emissions regulations, which were similar to the new regulations the White House had announced, could increase the cost an average of “$4,000 to $5,000″.

In other words, the next new car you buy will be much more expensive and will likely be smaller, have less power, and be more likely to get you killed in an accident.

But that’s not all of it. Even if you don’t buy one of the President’s Expensivemobiles, the new regulations are going to cost you more. Don’t forget that you are a silent owner of two of the Big Three automakers. That means that every cost they bear is really your cost. Their losses are your losses. The extra cost for making those cars is going to come out of your hide one way or another.

But with this admininstration, there no cost too high for you to pay to appease the Global Warming Cultists and their relentless assault on good sense and science.

UPDATE: Stacy has the round up worth reading and channels the late Charlton Heston right at the top. This is an especiallyu good point:

Auto regulation always works this way. I lived in Maryland, which requires state vehicle safety inspection, compelling poor people to (a) pay for inspections, and (b) make costly repairs to older vehicles that are otherwise demonstrably road-worthy. State inspectors have been known to flag old junkers for body rust that has nothing to do with safety.

This kind of pre-emptive regulation — that is to say, pushing people through an inspection process, rather than merely authorizing cops to ticket people for driving with a busted tail-light — imposes no burden on the affluent, who can afford new cars. It is the poor guy, trying to get by driving a third-hand jalopy with 150,000 miles on the odometer, who is hurt by such regulatory mania.

Who is the party of the rich again?

Other Posts of Interest:

• Global Warming. Is There A Malady It Won’t Cause?
• Also, The Sun Rises in the East and Orbits the Earth.
• Guess What Causes Global Warming Now?

Tags: Climate Change, Environmentalists, President Barack Obama

Category: Oh the Climate, It is A-Changin', President Barack Obama, The Economy and Your Money