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Illinois Wed Aug 05 2009
Cash-for-Clunkers: We're Number Six!
I find this bit in a story in today's Chicago Sun-Times on the Cash for Clunkers program surprising:
Illinois ranks sixth among states in the number of cash-for-clunker dollars going to buyers: $2.44 million. It follows No. 1 Michigan ($3.4 million), Ohio ($2.93 million), California ($2.64 million), Minnesota ($2.62 million) and Texas ($2.5 million).
That puts us ahead of states like Wisconsin, Oregon, and Washington --places where I'd assume there'd not only be enthusiasm for environmentalism and/or fuel efficiency but also a lack of conservative skepticism toward the program. Personally I can't think of any really good explanation for any of the states I mention except maybe Oregon which is basically bicycle central. But for the rest, what's the deal? Why is Illinois, whose biggest city has a fair (but far from perfect) public transport system doing more trading than these other ones? Do that many people have more SUVs to trade in?
Good Luck / August 5, 2009 4:01 PM
Seriously? Try math.
http://www.census.gov/compendia/statab/rankings.html
Population rankings
IL: 5th
OR: 27th
WI: 13th
WA: 20th
More supply = more demand.
Curious. How environmentally sound is it to destroy an existing car (they literally have to be destroyed), which took significant resources and energy in order to be built, and replace it with another vehicle that also requires significant resources and energy in order be produced?
Since cars are complex machines and take time to manufacture, the purchase of a new car begets the production of a car to replace it. When you get into the supply chain of car manufacturing, think about how many components of a car are made at seperate facilities and then need to be shipped to a plant in order to be installed into the end product. That is quite a lot of energy being used in order to meet artificially increased demand.