TweetAs many of you know, this is the weekend for North Carolina’s Cash for Appliance rebate program. I don’t need to reiterate my objections to the recent series of “clunker” giveaways, but I’ll let Adrienne from Home Performance NC sum up one of the social costs: The only thing I’m not thrilled about in the [...]
TweetI hate to feel vindicated by the recent report from Edmunds.com stating that the Cash for Clunkers program failed to live up to its economic promise, but my arguments that C4C was a very expensive way to “cut carbon” bears out in the market place. Still, I’m disappointed to see the White House feebly defend [...]
Tweet The debate over the environmental and economic benefits of Cash for Clunkers rages on. Christopher Kniittel, an economics professor at UC Davis, estimates that the C4C program does reduce carbon emissions, but at a hefty price tag of $237 per ton in the best possible scenario. Under more reasonable assumptions, the number pushes $500. [...]
TweetI’ve been writing UNC’s climate action plan over the past couple of weeks, leaving me unable to come up with relevant blog posts after work. That is, until people started hailing the “Cash for Clunkers” progam as a panacea for our earth, our economy, and our newly acquired car companies. From my perspective, the program [...]
