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-- some other developments that might or might not get these folks jester angry or both the move right now for more fuel efficiency.
That could clean out your while the administration -- nearly double the fuel standards for all cars by 20/20 find our federal agency to close it disclosing.
That could I'd get a car prices by may be 2000 dollars a pop.
The former transportation secretary norm Mineta says the higher costs -- worth that secretary do you think it will be 2000 dollars.
Well again I think the goal of trying to make ourselves independent.
Of foreign oil sources here is is they gain that.
We we come up with.
And even when you talk about the cost that it might be I think you also have to take a look at what's the cost if we don't do something.
Or even if you talk about cost even though it may be additional for the internal combustion engine.
As long as they're pushing forward hybrid or electric cars.
The cost of those cars is even greater because of the technology.
Somewhat -- There were kind of throughput in the cart before the -- Cyrano -- -- -- for a -- -- why not explore -- energy alternatives.
All fossil all solar -- -- -- everything.
I'll -- -- does seem to be a little bit -- cherry picking on energy choices here.
And I'm wondering if we just broaden the playing field to include all of those energy options.
We wouldn't be looking at adding fuel efficiency standards -- on that that might make it more tax.
No but this basis is fuel efficiency.
So the thing is that didn't buy -- right now what they are doing is pushing on electric cars and hybrid.
When you take a look at what I.
And here now yeah right senator I mean it -- rap against it is and then -- some lender is it's a sort of tangential example still lots to look at the technology that hasn't borne much true.
For the American people while.
You're ignoring -- thing you'll side but they're giving a 7500 dollar tax credit and they're not far electric not by electric -- -- not buying.
But at the by the same token.
Bain has studied this and said by the year two point 18.
There will be three point nine million hybrid cars they'll be one point three million.
Electric car you buy that but there 1000600.
W residents ordered I don't know being -- pounds light -- it.
But you don't think there is a barrel don't you take is that a million.
Cars and a greater efficiencies.
Are gonna come from the internal gas engine and that's available right now.
To really subsidize electric cars or doing other things for the hybrid vehicle -- No I see what is a very good points or website that was in the push.
To do heightened fuel efficiency -- -- that it's sort of lied to your your time one hand behind the industry's back -- By limiting not you but but -- absolute -- limiting them on bonds some of these other.
Very nice you know what have you had a -- helping anymore.
That's why am -- white Paper on saying there ought to be a technology neutral.
Approach to this a level playing field.
So that everyone can then use their innovative capabilities right to produce what's there for the marketplace.
Secretary on a breaking news evening we very much appreciate your time thanks for having me on -- -- -- well.
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