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Obama: Let's Take The Van

     How about this cool new ride the government is going to pay a cool $1.4 million dollars for...
 
 
 
  The price of the van doesn't really justify the fuel savings does it? But then again, why sell 35 of them to the general public at $40,000 a piece when you can sell one to the govenment for $1.4 million? Wonder if they got rid of the mags if the price would go down any?
 
   
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Cheating The System

   The auto makers are getting offered up a pretty sweet deal to build electric cars. They need help meeting the new average fuel economy standard of 35.5 MPG that will come into effect in 2016.
 
The Obama administration is proposing to spur production of electric cars with a "build one, get one free" offer: Build one "zero emission" battery-powered vehicle, and get to count it as up to two vehicles when figuring the average fuel efficiency of a new-vehicle fleet.

The details of federal fuel economy rules are what those of us who refused to take math and science classes in college will be forced to read in purgatory. But government and industry officials familiar with the proposal say it works something like this:

Say Green Motors Co. builds 200 cars that emit 300 grams of carbon dioxide a mile, and 50 all-electric cars that don't burn any petroleum to operate. Those electric cars would get a rating of 0 grams of carbon per mile, and the car maker could use a multiplier of 1.2 to 2 when counting them toward a fleet-wide average calculation. So, in the best case for the car maker, 50 electric vehicles becomes 100. And instead of averaging 300 grams per mile per vehicle, Green Motors' fleet averages 200 grams per mile per vehicle—even though the company did nothing to the bulk of its vehicles.
 
   Well, I like incentives, and this is an incentive. There are several problems that will have to be overcome with this deal. First off, they will have to find buyers of electric cars. Second, they will have to build "recharging stations" to boost the battery on long trips. Third, how are states like California going to handle the increase in power generation; they already have rolling blackouts during the summer months. Nothing like coming out to your car in the morning only to find it is not charged yet. Fourth, they have already determined that there may not be enough lithium on the planet to build as many electric cars as Obama wants on the road. And last but not least, once we start mining the entire planet looking for the lithium, how long before the eco-nutters get all bent out shape over that?
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Carbon Caused Market Crash

   You know this could happen...

Plans to expand carbon markets at UN climate talks this December could trigger a second ’sub-prime’ style financial collapse and fail to protect the world from a global warming catastrophe, according to a report from Friends of the Earth.

The trade in carbon permits and credits, primarily based in Europe, was worth $126 billion in 2008 and is predicted to reach $3.1 trillion by 2020 if a global carbon market takes off, according to Friends of the Earth.

However, the majority of the trade is not between polluting industries and factories covered by carbon trading schemes, but by banks and investors who profit from speculation on the carbon markets by packaging carbon credits into increasingly complex financial products similar to sub-prime mortgages, which triggered the recent economic crash, according to the researchers.
 
   As I have noted before in this blog, somebody is going to get rich on the cap and trade B.S. and it for sure will not be you or me. And what will it do for emissions? Litlle or nothing. This current global recession is doing more for global emissions than any cap and trade program ever would.
 
 
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