Monster - just curious as to where you came up with the 40% efficiency number for power generating stations?
In any event, they'e in the 40% range, there's absolutely no way that their emissions would be the same as if cars were using the amount of fuel. Large permanent installations (power plants and the like) are able to use sophisticated scrubbers and precipitators to reduce all emissions (with the exception of carbon dioxide) to near zero. (In addition, since combustion is not forced to take place in fractions of a millisecond, as in an internal combustion engine, nearly 100 percent of the fuel is burned, resulting in near zero hydrocarbon and much lower nitrous oxides being produced in the first place.) Overall, these factors result in MUCH lower emissions than auto emissions standards, let alone CARB II.