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Re: [Pen-l] Public Investment beats emission pricing for fast reductions



On Sun, Jul 27, 2008 at 5:16 AM, Jim Devine <jdevine03@xxxxxxxxx> wrote:
> FWIW, in today's (Sunday's) New York TIMES, Alan Blinder proposes a
> eco-friendly type of government investment: buying up gas-guzzling
> cars (from the public)  and destroying them.
> (Caveat: I haven't read the article yet.)
> --

Now that I've read the article it appears that a number of U.S. states
have done this One caveat: there are a number of ways this could be
done wrong. But done right it is a good idea. It is one of the few
public investments that could reduce oil immediately.
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