Opinion from a Libertarian ViewPoint

Posts Tagged ‘CAFE’

The Economic Argument for a Carbon Tax Is a Work of Fiction | Mises Wire

Posted by M. C. on February 3, 2019

If these regulations are so inefficient, then why do they exist in the first place? The answer, of course, is that they are there for political reasons, not because they passed a legitimate cost-benefit test.

We live in strange times indeed when an environmental reporter for The New York Times writes that we should stop pushing for a carbon tax, just a few weeks before dozens of distinguished economists sign a letter to the Wall Street Journal calling for a carbon tax. Yet despite the prestige behind the impressive list of signers, the economists mislead the American public on several key points.

Specifically, there is quite open hostility on the progressive Left to merely a carbon tax—for example as is spelled out in the “Green New Deal” that has attracted so much attention. It is thus very dangerous for these economists to tell the public that a carbon tax would promote economic growth by eliminating unnecessary regulation. Furthermore, there is no discussion of just how severely economic growth would be limited, even if the carbon tax receipts were refunded dollar-for-dollar (which of course they won’t be). The talk about average families receiving more back in dividends than they pay out in higher energy prices is extremely misleading, and could only be true if the scheme fails in its ostensible goal of drastically cutting emissions. Finally, the attempt to maintain American competitiveness with a “border adjustment” would simply ensure that the program was symbolic and did little to slow global carbon dioxide emissions.

No, a Revenue-Neutral Carbon Tax Deal to Replace Regulations Is Not Going to Happen

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A Vegan Menu at Your Local Steakhouse . . . – EPautos – Libertarian Car Talk

Posted by M. C. on October 31, 2018

Their solution is to back a national EV mandate, which they hope will spread out their costs by offloading them onto the backs of buyerseverywhere. And if every step mandates the production of a certain number of EVs each year, how long will it be before it mandates that people buy them?

They may be smarter than I given them credit for, though. Perhaps there is more money to be made selling rides than cars.

I just wish they hadn’t sold us out.

by eric

The federal government has already de facto outlawed non-electric cars, using a kind of slow-acting poison that is already causing symptoms to appear and will shortly fell even the healthiest-seeming non-electric vehicles (big trucks and SUVs).

That poison is the federal fuel economy fatwaknown as CAFE, which has been around since the ‘70s but is on schedule to almost double and within about five years. By model year 2025, vehicles – not just cars – will have to average 50-plus MPG.

This includes trucks and SUVs based on trucks  – which GM does sell a lot of.

How do you get a truck or an SUV based on a truck  to average 50-plus MPG?

You don’t.

What you do instead is improve your CAFE “fleet average” by folding cars that get infinite MPGs (even though they don’t get many miles down the road) into the equation.

Electric cars…  Read the rest of this entry »

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