Auto makers can reach a strict new emissions and fuel-economy standard proposed today by President Obama with existing technology, and although some additional costs will be passed onto consumers, they’ll recoup those dollars by spending less on gasoline, experts say. “This is not rocket science,” says David Friedman of the Union of Concerned Scientists, a Washington-based research group and lobbyist. “This is basic automotive engineering. (Auto makers) just need to let their engineers get ...

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