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Cash For Caulkers: Because Baby it's Cold/Hot Outside

Filed under: Home, Polit-eco

President Obama at Home Depot, Photo: Jewel Samad, Getty Images

You may have heard murmurings about the Obama administration's "Cash for Caulkers" proposal, designed to motivate Americans to make those costly home energy-efficiency upgrades through tax rebates. Well, don't judge it solely on the basis of its dorky name -- which unwisely reminds us of another controversial and supposedly eco-friendly stimulus program.

Instead, let's take a look at the facts about the $23B incentives program, laid out by the President at a Home Depot in Northern Virginia (where else?) last week. For starters, the official title of the program is Homestar, which reminds us of a quirky cartoon, not a bloated bailout package for a poorly run industry. See, it's getting better already.

IMO, for this program to be truly successful from an environmental perspective, it needs to lead directly to energy savings that wouldn't otherwise have been realized (unlike Cash for Clunkers). That's the tricky part.

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Posted: 2009-12-24 12:00:00

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Author:Josh Loposer
 

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