'Cash for Refrigerators' Debuts in Fall. Really. | U.S. | Reuters »
Posted By Patience 3 months ago in NewsWhat do you do when you have a poorly-conceived and ill-managed project winding down (Clunkers expires at 8 p.m. eastern on August 24)? Kick off another one, even more poorly thought out, and gloss it with an equally catchy name: Cash for Refrigerators. Beginning in the fall, consumers will have access - through existing state-level energy efficiency incentive programs - $300 million in stimulus funds made available as rebates for energy efficient appliances.
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Dionys3 months ago
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"What do you do when you have a poorly-conceived and ill-managed project winding down"
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Spin from the start. Cash for Clunkers was enormously successful.
Cash so people can replace one of the most power-hungry things in their household with a super-efficient model is an excellent idea. It'll reduce (once again) oil/gas/ff consumption and reduce the strain on the electrical grid.-
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crghss3 months ago
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Really? "reduce the strain on the electrical grid." Nutscapers you have to love em! They really believe in their ridicules idea's.
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"most of the $300 million will go to middle-class households that already may have a relatively efficient refrigerator,"
More wasted money.
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Patience3 months ago
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FTA
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there is no requirement to take the old appliance offline. Odds are that many of the middle class households claiming the rebate will use the new appliance in the kitchen, and move the old one to the basement, the garage, or the back porch, where it will be pressed into service storing extra beer and the overflow from Costco. The old fridge remains on the grid and we add in the new appliance too. Does that sound like a good environmental deal? -
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