President Obama has ordered the auto industry to make cars that average 54.5 miles per gallon by 2025. This is after his 2009 order directing the industry to make cars that average 34.5 miles per gallon by 2016.
As a free-market advocate, I should be outraged that Obama is ordering private enterprise around like a petty dictator. But actually I feel schadenfreude for all the anti-auto environmentalists who will now have an even more difficult time claiming we need to invest in transit and intercity trains to save energy.
