Townhall.com, Where Your Opinion Counts
Talk Radio:   Bill Bennett   Mike Gallagher   Dennis Prager   Michael Medved   Hugh Hewitt   
BREAKING NEWS  LeftArrow - Townhall.com : Conservative, Political, Republican   RightArrow - Townhall.com : Conservative, Political, Republican  
Columns, funnies & more in your inbox!
  • Check the boxes and send us your email address to receveive your free newsletter
  • Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
  • Townhall.com’s weekly inside scoop on what’s happening behind the scenes in the world of politics. When news breaks, we report.
  • Signup to receive the latest daily Townhall cartoons
Thursday, June 07, 2007
Eric Peters :: Townhall.com Columnist
Fuel Economy Uber Alles?
by Eric Peters
Vote on It:
Average Vote:
[+] Text [-]
 
Poll
Was the Copenhagen Global Warming Summit Walk-Out a Win for the U.S.?


People already have a number of choices in the 35-mpg and more category -- including the latest generation of gas-electric hybrid SUVs, like Ford's Escape. True, it may cost them extra to get the additional 5-10 mpg -- as in the case of the hybrid Escape, which costs about $3,000 more than the standard, gas-only version of this vehicle. Or they may have to drive a smaller, less powerful/capable vehicle -- like the new class of "B-car" subcompacts, including the Honda Fit, Nissan Versa, Toyota Yaris or Chevy's Aveo.

But the point is, the options are already out there -- no legislation required.

But if the Markey-Platts bill becomes law, these options will become a mandate -- and we'll all have to pay in one form or another. The add-on cost of the necessary research and development, specialized technology (everything from advanced engine designs to hybrid systems, etc.) will be either tacked onto the price tag of larger vehicles, or spread out and hidden in higher across-the-board costs of each automaker's entire product lineup. Maybe the extra 5-10 mpg that could be realized is worth an extra grand or two in "up front" costs. But maybe not.

Shouldn't the choice be the consumer's to make?

And if the market plays its trump card and simply decides to say "thanks, but no" -- electing not to buy these more efficient but also more expensive vehicles -- it will mean reduced shareholder value and ultimately, plant closings and job losses for the auto industry. Even a relatively small decrease in demand for new vehicles -- say 5 percent or so -- could be absolutely devastating to an already shaky industry, with American brands suffering the most.

Backers of the Markey-Platts proposal seem rather cavalier about these potential repercussions. Perhaps it's easy to dismiss concerns about what could amount to as much as several thousand dollars in add-on costs per vehicle (2,3) when you're a six-figure DC lawmaker, activist or editorial writer. But for the average person in this country, that kind of money is a big deal indeed.

We all want more efficient vehicles -- but the issue's more complex than waving a legislative wand and making it so. Concern over fuel prices should not lead to ill-considered lawmaking -- or political grandstanding.

Hopefully, wiser heads will prevail.

1 2
| Full Article & Comments | < Previous
Share:
Vote on It:
Average Vote:
 
About The Author

Eric Peters is a senior fellow at the National Center for Public Policy Research. His work has appeared in the Wall Street Journal, Investors Business Daily, Houston Chronicle, National Review, Detroit Free Press and Detroit News.

Be the first to read Eric Peters’s column.
Sign up today and receive Townhall.com delivered each morning to your inbox.
Sign up today
Congress lacks the intelligence
Congressman Markey and Company are the typical dimwits in the House and Senate who lack the intelligence to legislatively mandate anything as complicated as fuel economy. They will only succeed in screwing things up. They have no idea of the inherent problems associated with internal combustion engines. Their knowledge is extremely limited to what some environmental lobbyist and their cherry picked experts have told them. The ability to move a 4500+ lb. vehicle plus cargo and 4+ passengers down the road 15 to 25 miles at 65 mph on a gallon of gasoline is pretty amazing. The ability to move your butt the same distance strapped to two roller skates and an air bag on an ounce of gasoline and a pencil for cargo and no passengers is much less impressive, damn scary, and felony stupid.

The government is so stupid
It sees vehicles that don't get "good" MPG -- by an arbitrary standard, of course -- and wants to make a law against them.

Then, of course, when the US automakers who survive in business by providing the lower-MPG (but higher-utility and -convenience) vehicles are bankrupted by the catastrophic decline of sales, the same government will moan, groan, and labor to "bail them out."

A more politically competent and cynical European government would simply add a big federal tax to lower-MPG vehicles, to both discourage their purchase and line its coffers when people bought the things anyway.

But not our marvelously Puritanical-Marxist Congressmen. No, by golly. Sin taxes for alcohol and tobacco only in the US of A, thank you very much.

On the one hand, it HAS taken a certain amount of stiff market competition and government coercion for the US auto industry to prioritize fuel-efficiency and pollution-minimizing design in its private vehicle fleets. But on the other hand, making laws to prohibit the consumer's market preferences never produces anything but trouble.

Stupid government.
Sign Up to Post Your CommentsSign Up to Post Your Comments
If you are already registered, click here to login. Otherwise, please take a few seconds to register with Townhall.com. Once you sign up, you’ll be able to post your comments immediately, use the action center, get podcasts, and more!
Note: Fields marked with a red asterisk (*) are required.
Salutation:
First Name:
*
Last Name:
*
Email:
*
Nickname:
*
Note: Nick name will be shown when you post comments.
Address 1:
*
Address 2:
City:
*
State:
*
Zip:
*
Phone:
      
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
(Bi-Weekly) We highlight the best opportunities from our partners for surveys, action items and more.