Financial giant Citigroup recently analyzed the question of whether the CAFE fuel-efficiency targets in the Senate energy bill are possible for the automakers to meet.
Its finding: Yes, they are "tough but attainable" (sub rqd), and might even prove a net financial benefit.
Said Rep. Ed Markey: "When you have the world’s number one bank, which has financial ties to many major automakers, saying fuel economy standards are a good economic play, it drives a stake through the heart of the auto industry’s scare tactics."
Yup.
