6/08/2009

$5 billion in stimulus money wasted weatherizing homes

Well, if the benefits exceeded the costs, presumably it would pay for people to do this weatherizing without the subsidy. The NY Times has other questions:

An unusually large share of the money will be spent not on keeping cold air out but on keeping cold air in. As a result of a political compromise with Sun Belt lawmakers last decade, the enormous expansion of the weatherization program will invoke a rarely used formula that will devote 31 percent of the money, nearly double the old share of 16 percent, to help states in hot climates, like Florida, save on air-conditioning.

Many environmentalists say cutting electricity use for cooling is just as worthwhile as reducing the use of oil or gas for heating. But there are substantial questions about whether it is the most efficient way to save energy. . . . .


Some of the uses for Stimulus money from Cincinnati:

As local cities and counties put together their applications for some of their first tastes of stimulus money, they've come up with block grant applications where the typical project costs less than $250,000.

The city of Covington, for example, has broken down its line items as small as $1,650 each - to replace 117 curb ramps in the neighborhood around Decoursey and Winston avenues, to make them handicapped-accessible. Cincinnati is giving out grants as small as $8,556 for a program to prevent teen pregnancy and violence.

The list of local applications for the Community Development Block Grants also includes $61,200 for sidewalks in Forest Park, $93,000 for air conditioners in Sharonville and $56,008 for playground renovations in Hamilton. . . . .

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