Well, it has been an exiting time for the global climate change debate recently. The EU car makers announced that they are not going to be able to meet the CO2 limits they agreed with the European Commission for 2008, never mind the not yet agreed, but much tougher limits proposed by the Commission for 2012. Soon after this ‘uncheerful’, but unsurprising news, it was announced in Washington that the Bush administration is expected to abandon plans to include SUVs in a revised CAFÉ regime. This is to protect the embattled Big 3 automakers who have much to lose from such a change in regulation; much more than their Japanese competitors, in fact. The Big 3 are also still fighting the proposals by the California Air Resources B...