Obama’s Order to Revisit California Waiver May Be Win for Auto Makers

President Barack Obama’s executive order today directing newly appointed Environmental Protection Agency Administrator Lisa Jackson to revisit a request by California to regulate tailpipe emissions may mark a win of sorts for struggling U.S. auto makers.

Obama also orders the U.S. Dept. of Transportation to tighten fuel-economy requirements by 2011, but promises neither directive will jeopardize the struggling Detroit Three.

California’s bid to regulate carbon-dioxide ...

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