Wednesday, August 5, 2009

Cash For Clunker Environmental Benefit : NEGLIGIBLE, IF ANY

Let's face it, folks, this program is a big hot mess sold with a bunch of big lies, in a big hurry.

I know it sounds trite, but I am realizing why it is so very appropriate to ask : You want these people in charge of the entire American system of health care???

Climate experts aren't impressed with program's carbon dioxide policy
The Associated Press
Tues., Aug 4, 2009

WASHINGTON - "Cash for clunkers" could have the same effect on global warming pollution as shutting down the entire country — every automobile, every factory, every power plant — for an hour per year. That could rise to three hours if the program is extended by Congress and remains as popular as it is now.

Climate experts aren't impressed.

Compared to overall carbon dioxide emissions in the United States, the pollution savings from cash for clunkers do not noticeably move the fuel gauge. Environmental experts say the program — conceived primarily to stimulate the economy and jump-start the auto industry — is not an effective way to attack climate change.

"As a carbon dioxide policy, this is a terribly wasteful thing to do," said Henry Jacoby, a professor of management and co-director of the Joint Program on the Science and Policy of Global Change at MIT. "The amount of carbon you are saving per federal expenditure is very, very small."

Officials expect a quarter-million gas guzzlers will be junked under the original $1 billion set aside by Congress — money that is now all but exhausted.

Calculations by The Associated Press, using Department of Transportation figures, show that replacing those fuel hogs will reduce carbon dioxide emissions by just under 700,000 tons a year. While that may sound impressive, it's nothing compared to what the U.S. spewed last year: nearly 6.4 billion tons (and that was down from previous years).

That means on average, every hour, America emits 728,000 tons of carbon dioxide. The total savings per year from cash for clunkers translates to about 57 minutes of America's output of the chief greenhouse gas.

I wonder will the Obama propaganda machine now go after climate experts?

Reason Editor Matt Welch demolishes "Ideological shape-shifter and presidential benefit-of-the-doubt-giver" Andrew Sullivan's sycophantic ramblings about the program, summing it up tidily :
"Cash-for-clunkers amounts to a rounding error in Tim Geithner's nose-hair at this point, which is probably why at least some liberals seem so genuinely baffled by the disproportionate criticism it has drawn. But for some of us it's also a nearly perfect symbol of economic statism run amok. The federal government is taking from the many, giving it to the less-than-many, destroying functional cars, funneling money to an auto industry that it already largely owns (at a hefty taxpayer price tag), then taking multiple (and multiply premature) bows for rescuing the economy and the auto industry in the process."

1 comment:

Tom S said...

What's wrong with Cash for Clunkers? We've had:
Cash for Iraq - Haliburton
Cash for Chicken Little - Al Gore
Cash for Anything Racial - Jesse Jackson
Cash for Votes - ACORN

What's one more?