(MI) The Detroit News – On the same day President Barack Obama marched the Big Three auto executives smiling to the guillotine, China announced it will not set mandatory emissions standards and instead will attack greenhouse gases with a strategy that doesn’t threaten its ferocious economic growth.
America has chosen a sharply different tack, as was apparent this week at the White House, where Obama announced he would make the harsh California emissions mandates the national standard.
The automakers, now wards of the federal government, had no choice but to cheer the mandates, even though a senior Ford executive told the L.A. Times the mandates would likely put the automaker out of business. More