CPST1

Cash for Clunkers May Cost Up to $45,354 Per Vehicle

As noted above the program permanently removes vehicles from the road. Without the program the same vehicles would be recycled for parts, or sold as, “used”. Cash for Clunkers is the only car buying program to have ever systematically destroyed the trade-in vehicle… It effectively sets up a chop-shop and a grey market to salvage anything from seats to wheels, axles, calipers, rear or side view mirrors, auto body doors, hoods and the like, regardless of …. At this time the dealers are petitioning for exemption to at least scab the engines and transmissions, before the vehicles are taken to be destroyed/recycled...

The Edmund’s figure does not factor the removal of the vehicle from used vehicle inventory, nor consider the residual effect of generating used parts sales. Vehicle parts often cost three times the value of the auto when new. Therefore, as long as the figure of 250,000 vehicles is used of which 200,000 are ordinarily trade-ins anyhow, the fact is on paper, each vehicle will be removed from service.

Think Green

Forget $100 a Barrel - Oil Will Plummet to $30

The demand is now for alternative fuels. We use oil because we have no choice. We need an alternative, and that is a correct manner to weigh the usage of alternative fuels beyond oil.

Historically, the prospects of alternatives that are in play, as of 2007, outstrip the total output of wind and solar combined.

web.mit.edu/newsoffice...

Forget $100 a Barrel - Oil Will Plummet to $30

I like the aritcle and respect the points as defined. I draw from the comparisons of renewables versus fossil, that in time renewables will be the fuel of choice. In further light to compare or relegate the usa of hydrogen as having insurmountable drawbacks when stored or transported, one only need to look skywards to understand its full potential. Again, I agreee with the author when comparing the potential of all fuels to fossil, as now there is indeeed not only the alternative - but, a greater potential to generate the amount of power we need to consume. The problem is generating enough power not conserving it. There are still too many places yet to travel.