Wednesday, August 5, 2009

Cash for clunkers 5 – NOT a real gas saver



Reuters estimates cash for clunkers sales will reduce US gas usage by … a href="http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE56U4KW20090731"just ione-twentieth of one percent/i/a, though more sales may increase that to a whopping one-quarter percengt.br /br /The San Francisco Chronicle notes that the EPA requirements on the newly-purchased models, if run higher, would likely have increased efficiency.br /br /a href="http://www.sfgate.com/cgi-bin/blogs/green/detail?entry_id=44867type=autos"at the expense of formerly Big Three sales/a in the program.br /br /Now, the program may get Americans to think more about fuel efficiency, but it’s unlikely. On the other hand, the efforts of Andrew J. Hall, arguably a href="http://www.nytimes.com/2009/08/02/business/02bonus.html"the king of oil commodities future speculators/a, may do that. br /br /So, instead of that, why doesn’t Obama push for the legislation to put bozos like him out of business and replace his “skimming” with an increased gas tax?div class="blogger-post-footer"There is no god and I am his prophet.img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7532871-335606207605084700?l=socraticgadfly.blogspot.com'//div

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