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Cato Scholar Comments on New Energy Bill
Cato Institute ^ | December 19, 2007 | Jerry Taylor

Posted on 12/19/2007 10:12:53 AM PST by Tolerance Sucks Rocks

The energy bill to be signed by the president today is arguably the worst piece of energy legislation ever enacted into law. It will substantially increase the price of automobiles, increase highway fatalities, increase fuel prices, worsen air pollution, and force consumers to buy products (like super-efficient light bulbs) that they manifestly -- and for very good reason -- do not want to buy. It will transfer huge amounts of wealth from the consumer to the farm lobby in the course of promoting a dubious product -- ethanol -- that will make energy supplies less reliable and greenhouse gas emission higher than necessary.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: 110th; airpollution; automobiles; cafe; cato; cfls; climatechange; congress; consumers; energy; energybill; energysupplies; ethanol; farmers; fuelprices; globalwarming; greenhousegases; highwayfatalities; nannystate; presidentbush; rentseekers; wealthtransfers
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To: RinaseaofDs
You mean the free enterprise that comes from a government mandate out of Congress, right? And by fair, you also mean subsidized, right? As in subsidized by my tax dollar. Everybody knows you can’t win in the midwest unless you ‘take the pledge’ right? That isn’t ‘Free’ and it isn’t an ‘Enterprise’ especially when the lion’s share of the benefits go to ADM. No, it’s ‘expensive’, and it’s planned economics - which is what the Soviets tried and failed with.

Like I said in my original post. B.S.

61 posted on 12/19/2007 4:45:58 PM PST by tryon1ja
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To: tryon1ja
Incandescent lamps are a thing of the past.

Present and future as well. If I want to use an incandescent light bulb until the day I die, that is my business, and noone else's. It is certainly not the business of a bunch of corrupt idiots in Washington D.C.

My house in every room has the large recessed 90 incandescent bulbs. I have 45 in my house. To replace them at $64 each would cost almost $3000 dollars. No way. I guess I will have to stock up on them for a lifetime supply or go somewhere else to get them like I had to for my toilets (I had to go to Canada to get decent toilets for my house because the new 1.5 Gallon toilets totally suck, thanks to GWs dad).

This whole thing is nothing but a corrupt bill forcing us to buy more expensive crap that they invested in and nobody wanted because they suck so bad, kind of like HDTV.
62 posted on 12/19/2007 4:46:44 PM PST by microgood
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To: Lurker
The 'fair market' doesn't have a thing to do with what's going on in the corn market. Farmers are the largest bunch of welfare whiners in the country. This bill sucks and should be vetoed.

You got one part right. B.S.

63 posted on 12/19/2007 4:47:22 PM PST by tryon1ja
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To: microgood
This whole thing is nothing but a corrupt bill forcing us to buy more expensive crap that they invested in and nobody wanted because they suck so bad, kind of like HDTV.

I have HDTV and I watch it on Broadcast Antenna. It is beautiful. I love it. Sorry, your experience with it was not so good.

64 posted on 12/19/2007 4:49:42 PM PST by tryon1ja
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To: tryon1ja
A bit of a strech........Don't you think?

No. The government does not have the authority to tell companies or people how efficient their automobile or light bulb must be.

Economics should dictate the light bulb market, not some silly notion about global warming and evil coal, or someone's belief that energy efficiency should be x%. If x% is good, then why not (x+y)% efficient? Higher efficiency is better, right?

It's like the minimum wage argument, there isn't any basis for saying any wage should be minimum. No matter how high they raise the minimum wage, there is always the same argument that can say a higher wage should be the minimum wage. In similar fashion, the government really doesn't have any authority to tell anyone what they should pay someone else.

65 posted on 12/19/2007 4:54:32 PM PST by SteamShovel (Global Warming, the New Patriotism)
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To: tryon1ja
I have HDTV and I watch it on Broadcast Antenna. It is beautiful. I love it. Sorry, your experience with it was not so good.

What is bad about it is that every new TV is forced to have it so those of us who do not use it are subsidizing those who do. Hope you are enjoying the welfare you are getting off the backs of the rest of us.
66 posted on 12/19/2007 4:55:09 PM PST by microgood
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To: tryon1ja

“if you don’t force Detroit to make they better. They never will.”

You really trust government planners more than the free market don’t you?

Well I can see at least one little potential problem with more of these new government laws and regulations. I notice that a lot of entrepeneurs, and companies of all sizes use these full size pick ups and vans in their businesses either to haul trailers, men, merchandise, and equipment in them. These new mileage requirements will basically ban all these vans and full size pickups ( like the Ram 3500, Ford F350, F250 ,f150 etc). That would destroy our economy.

Plus if liberals and your government planners would have allowed companies to drill for oil , mine for coal, or build refineries or coal to gasoline plants then we wouldn’t have any “energy crises”. this energy crises was created by government. coal to gasoline liquefaction alone could solve all our energy needs as the U.S. has 600 years of coal. but liberals say that coal causes global warming and with the 20 years of red tape and laws suits that it takes to build a plant that is why we have an energy crises.

It’s government that’s the problem . the 3 trillion that government takes away from the private sector per year could have been used in a free market to create many coal power plants and coal to gasoline plants which would solve our energy needs . government is the problem but many like you who were educated in the government schools want more government.

It’s all those laws that are written already that make a company have to fight through a maze of lawsuits and apply to the government for 20 years to build a plant. now you want to add more regulations to the automobile industry.

like others have said here , freedom and capitalism have worked if allowed to remain free but with so many regulations capitalism can become crippled and government planning has never worked.

Also global warming is hoax. So there is no need for any mileage standards. if you remove all these laws, reduce the federal budget, and reduce the size of government then the private companies will have the freedom, latitude, incentive and capital to create much more energy which will solve the energy crises.


67 posted on 12/19/2007 5:10:42 PM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: tryon1ja

I now suspect that you are either:

1) on the government payroll, or
2) stand to gain financially some other way by imposing your will concerning conservation.

Furthermore, I have won this debate. Your arguments have lost.


68 posted on 12/19/2007 5:22:24 PM PST by mbs6
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To: tryon1ja

In our economy many businesses of all sizes use these trucks like the Ford F-150, F250,F350, Dodge Ram 3500. And they don’t get the kind of mileage you and the government wants to mandate and has mandated. So our economy is going to get destroyed because people can’t use these trucks anymore as they do much of the work in the economy to haul trailers, equipment ,merchandise , men etc.

We don’t need the government for anything except the military,courts and police.

The free market takes care of any problem. For example as gasoline starts to get more costly then more people will naturally buy cars that get higher mileage like the smaller cars so there is no need for government to mandate higher mileage because people will naturally want to save money and buy the smaller cars that get higher mileage.


69 posted on 12/19/2007 5:24:47 PM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: Tolerance Sucks Rocks

bookmark & bump


70 posted on 12/19/2007 6:25:39 PM PST by FBD
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To: tryon1ja

“Like I said in my original post. B.S.”

Now THERE’S logical discourse for you folks!

I’ll tell you what, I’m going to lower the price of our company’s products, and then send you a bill. Sound OK?


71 posted on 12/19/2007 6:27:34 PM PST by RinaseaofDs
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To: tryon1ja

-try using dimmer switch on a flourecent light bulb, dumbass.

Furthermore it’s none of your damn business, or the federal government either, if I want to drive a gas hog, or use incandecent light bulbs, which I prefer to have in my home.


72 posted on 12/19/2007 6:31:13 PM PST by FBD
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To: FBD
-try using dimmer switch on a flourecent light bulb, dumbass. Furthermore it’s none of your damn business, or the federal government either, if I want to drive a gas hog, or use incandecent light bulbs, which I prefer to have in my home.

With regards to the above statements, who is the dumbass? I was not trying to dim the lights, I was turning them off automatically.

73 posted on 12/19/2007 7:52:44 PM PST by tryon1ja
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To: RinaseaofDs
“Like I said in my original post. B.S.” Now THERE’S logical discourse for you folks! I’ll tell you what, I’m going to lower the price of our company’s products, and then send you a bill. Sound OK?

Guess you got me there. I do not have the foggiest idea what you are rambling about.

74 posted on 12/19/2007 7:55:05 PM PST by tryon1ja
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To: tryon1ja

Sure each people can cut down their usage a some, for a time, all I’m saying is that we will never be able to conserve ourselves into energy independence. New buildings are being built, babies are born, and while switching to new bulbs might save some, people are going top end up buying a new plasma, which uses 10x more power. In a growing economy, we will never be able to cut our energy useage as a nation, at least for any sustained period of time.


75 posted on 12/19/2007 9:26:19 PM PST by Bastiat_Fan
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To: tryon1ja

Can individual businesses cut out inefficiencies? Yes. Can individual homeowners? Again, yes. But so long as our economy continues to grow (which is an major IF, if we continue on down this road to a European style economy), the new houses and factories being built will outweigh any cuts.


76 posted on 12/19/2007 9:34:03 PM PST by Bastiat_Fan
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To: tryon1ja

Precisely


77 posted on 12/19/2007 11:28:29 PM PST by RinaseaofDs
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To: tryon1ja
The prices you quote are NOT A FAIR MARKET PRICE.

They are centrally planned over-priced charges to (1) buy Iowa corn farmers votes, (2) make it APPEAR to the enviro extremists and the news media that the “green” “natural” products are being used to APPEAR like Washington politicians “care” about the environment.

Never mind that now people will pay MORE for food - no, we must waste money artificially INCREASIING the price of food so we hurt more people and make energy costs go up. There is no actual benefit to ethanol in the US. Overseas, where ethanol comes from non-corn sources, AND where fossil oil is NOT available like Brazil, ethanol is an expensive substitute.

But here? It is a politically popular waste of energy.

78 posted on 12/20/2007 12:22:47 AM PST by Robert A Cook PE (I can only donate monthly, but Hillary's ABBCNNBCBS continue to lie every day!)
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To: mysterio
An energy policy that produces no new energy.
What a “progressive” idea.
300 votes in the house and what, 75 in the Senate? Makes no difference if President Bush signed on or not. It’s a piece of veto proof crap.
This isn’t the country where I grew up. It’s turned into an insane asylum.
79 posted on 12/20/2007 12:51:35 AM PST by Kickass Conservative (Guns don't kill people, gun free zones kill people)
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To: fweingart
... force consumers to buy products (like super-efficient light bulbs)...

Manufactured only by our close friend and ally: CHINA!

Those bulbs contain mercury. They should be banned, just like the lead toys.

Anyone considered what the EPA will do about these bulbs? We may be looking at fines if not disposed properly.

80 posted on 12/20/2007 1:02:30 AM PST by chemicalman (I didn't jump on the bandwagon. It snagged and dragged me for a few miles.)
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