Bleeding Treasure – Nationwide Insurance’s Infograph shows the impact of congested traffic on our wallet

October 19, 2012 at 3:17 pm

(via Nationwide)

To put it in simple terms, we blow up a lot of money sitting in traffic day in and day out.  Traffic congestion not only takes a toll on your mental & physical well being, but it also brings home a lot of economic pain. It is nice to see someone layout all this important statistics in an easy to understand, colorful visual.

So, how do we fix this mess? A good start would be to move towards transit-oriented development and provide good, cost-effective transit connectivity to the suburbs.. And add some bike lanes; etc, etc.  The solutions are plenty but we have to start somewhere before we go bankrupt.. soon!
The cost of traffic congestion.
Provided by Nationwide Insurance

Cash for Clunkers: Some Tidbits & Updates – August 12, 2009

August 12, 2009 at 6:07 pm

  • Autoblog says that as of today’s there’s $1.66 billion left in the replenished Cash 4 Clunkers program. If consumers continue buying cars at the current rate, that’s just about 28 days until the program is tapped out.  As of August 7, U.S. auto dealers had received 245,000 Clunkers worth $1.03 billion as of. Today is Wednesday, August 12 and those numbers have swelled by 71,000 cars and $300 million.
  • Streetsblog CapitolHill has a nice peice that compared the ecological benefits from both the clunkers (Cars and Refigerators).  I swear to god that I had no knowledge of the Cash for Refrigerators till today.  In the Cash for Clunkers(C4C) Vs. Cash for Refrigerators(C4R)  battle, C4C’s cousin,   ” Cash for refrigerators” program typically offers between $25 and $50 for the removal of old fridges that emit chlorofluorocarbons (CFCs), the chemicals behind the growing ozone hole that were eliminated from home appliances in the 1990s. Ridding a home of a CFC-spewing fridge removes about five tons of carbon dioxide from the atmosphere, recycler Sam Sirkin told the New York Times last week. That works out to a cost of $10 per ton for the richest refrigerator rebate program — more than 10 times cheaper than “cash for clunkers.
  • Autoblog says not all clunkers in Germany being junked; some are “stolen” from the junkyard.
  • Wired reports that SUVs Officially Dead as Explorer Tops Cash-for-Clunkers Trades; Ford Explorers, the once-beloved, occasionally unstable and often-maligned vehicle that spawned countless imitators.
  • Tree Hugger discusses Bill Clinton’s suggested “EVs for Clunkers” at National Clean Energy Summit – Yesterday at the National Clean Energy Summit in Las Vegas, Bill Clinton suggested that the Cash for Clunkers program could serve as model to speed up the adoption of electric cars.
  • Streetsblog Captiol Hill finds out Citigroup’s “Cash for Clunkers” Contract is Worth $7.7 Million.
  • Thanks to Cash for Clunkers, Hybrid Sales Rises 31.8% in July; New Vehicle Sales Up 3.55%

    August 5, 2009 at 11:52 am

    (Source: Green Car Congress)

    This post is sponsored by LemonFree.com

    Buoyed by the US government’s CARS (“Cash for Clunkers”) program, US auto sales slowed their decline in the US in July, dropping on 12.1% to 997,824 units, accordingto summary figures from AutoData. Passenger car sales dropped 10.6% to 554, 527 units, while light truck sales dropped 14.1% to 443, 297 units. All comparisons are by volume. As a result, the SAAR for July surged to 11.24 million units; US SAAR had been below 10 million since January.

    Hybrids had an especially good month, with reported sales jumping 31.8% year-on-year to 35,429 units, representing a 3.55% new vehicle sales market share for the month—the highest monthly share yet. Hybrid gains were largely due to an increase in Prius sales (up 29.7% to 19,173 units) and Ford hybrids (up 323% to 5,353 units).

    Us hybrid sales 2009.08-1

    Image Courtesy: Green Car Congress - Hybrid sales rise, thanks to Cash for Clunkers

    According to the Alliance of Automobile Manufacturers, CARS sales reflected demand for more fuel-efficient vehicles:

    • Ford reported a 9 mpg increase from trade-in vehicle to new vehicle purchase;
    • GM reported a 54% increase in small car sales since the CARS program was launched;
    • 57% of Mazdas sold so far under the program were fuel-efficient Mazda 3’s;
    • 78% of Toyota’s CARS sales volume consists of Corolla, Prius, Camry, RAV 4 and Tacoma, which average a combined 30 mpg;
    • Volkswagen reports more than 60% of its CARS sales are clean diesel Jetta TDIs which get an EPA combined 34 mpg.
    Us hybrid sales 2009.08-2

    Image Courtesy: Green Car Congress - Total Reported Monhtly Sales of Hybrid Vehicles in US

    Here is a quick snapshot of sales volume by manufacturer (in the hybrid category):

    • GM delivered a total of 1,487 hybrid vehicles were delivered in the month, up 36.3% year-on-year.
    • Ford’s fuel-efficient vehicles pace July sales results. Ford had an exceptionally strong month with hybrid sales, up 323% year-on-year to 5,353 units.
    • Toyota Motor Sales (TMS) posted July sales of 24,295 hybrid vehicles, up 19.3% from the same period last year.
    • Total sales of the fuel-efficient Honda Civic increased 3.1% to 30,037. Sales of the Civic Hybrid, however, plunged 71.8% to 969 units year-on-year. The new Honda Insight hybrid posted 2,295 units.
    • Nissan sold 1,030 units of the Altima hybrid, up 44.1% year-on year.

    Our friends at Jalopnik yesterday published a revised list of ten most purchased vehicles under the Cash for Clunkers program:

    1. Ford Focus

    2. Toyota Corolla

    3. Honda Civic

    4. Toyota Prius

    5. Toyota Camry

    6. Ford Escape FWD

    7. Hyundai Elantra

    8. Dodge Caliber

    9. Honda Fit

    10. Chevrolet Cobalt

    Click here to read the entire report.

    Climate experts says`Cash for clunkers’ effect on pollution is not so significant

    August 5, 2009 at 10:06 am

    (Source: AP Via Yahoo & Time)

    “Cash for clunkers” could have the same effect on global warming pollution as shutting down the entire country — every automobile, every factory, every power plant — for an hour per year. That could rise to three hours if the program is extended by Congress and remains as popular as it is now.

    Climate experts aren’t impressed.

    Compared to overall carbon dioxide emissions in the United States, the pollution savings from cash for clunkers do not noticeably move the fuel gauge. Environmental experts say the program — conceived primarily to stimulate the economy and jump-start the auto industry — is not an effective way to attack climate change.

    “As a carbon dioxide policy, this is a terribly wasteful thing to do,” said Henry Jacoby, a professor of management and co-director of the Joint Program on the Science and Policy of Global Change at MIT. “The amount of carbon you are saving per federal expenditure is very, very small.”

    Officials expect a quarter-million gas guzzlers will be junked under the original $1 billion set aside by Congress — money that is now all but exhausted.

    Calculations by The Associated Press, using Department of Transportation figures, show that replacing those fuel hogs will reduce carbon dioxide emissions by just under 700,000 tons a year. While that may sound impressive, it’s nothing compared to what the U.S. spewed last year: nearly 6.4 billion tons (and that was down from previous years).

    That means on average, every hour, America emits 728,000 tons of carbon dioxide. The total savings per year from cash for clunkers translates to about 57 minutes of America’s output of the chief greenhouse gas.

    Likewise, America will be using nearly 72 million fewer gallons of gasoline a year because of the program, based on the first quarter-million vehicles replaced. U.S. drivers go through that amount of gas every 4 1/2 hours, according to the Department of Energy.

    Time Magazine reports that initial data released by Department of Transportation, however, shows that so far cash for clunkers has been a green success. The clunkers averaged 15.8 m.p.g., compared with 25.4 m.p.g. for the new vehicles purchased, for an average fuel-economy increase of 61%. On the whole, American drivers are trading in inefficient trucks and SUVs for much more efficient passenger cars. Car manufacturers like Nissan are already retooling some models to improve their fuel economy so they can qualify for the credits. The early numbers were enough to convince California Senator Dianne Feinstein to go from criticizing cash for clunkers as too lax to supporting additional funding for the bill in the Senate. “This program has done much better than we ever thought it would for the environment,” she told reporters on Aug. 4.

    It’s called the efficiency paradox: as we get more efficient at using energy — through less wasteful cars and appliances — the overall cost of energy goes down, but we respond by using more of it. In the case of cars, that means driving more. Ultimately our gas bill stays the same, but we spend more time on the road and pump the same amount of greenhouse-gas emissions into the atmosphere. The earth isn’t any better off.

    To address the emissions problem directly, we need to look at fuel, not Fords: institute carbon taxes that raise the price of gas. We already know that higher gas prices discourage driving and reduce greenhouse-gas emissions — total vehicle miles traveled in the U.S. declined 3.6% in 2008 compared with the previous year, thanks largely to the sky-high price of gas for much of 2008. (The recession didn’t help, but sharp declines in driving began well before the bottom dropped out of the economy.) As gas prices have fallen in 2009, however, driving has begun to tick back up.

    Click here to read the entire article.

    Plug-In Prius Coming This Year; Toyota to Lease 200 PHEVs in Japan Starting at End of 2009, 500 Globally; Gen3 Prius Plus Li-ion Pack

    June 5, 2009 at 6:57 pm

    (Source: Green Car Congress & Wired)

    Toyota’s third-gen Prius is already a huge hit in Japan (topping the sales numbers for May), and the automaker plans to lease a plug-in version to corporate and municipal customers by the end of the year.

    Just 200 are slated for release in Japan under a joint program with the Ministry of Economy, Trade and Industry aimed at promoting the adoption of plug-in hybrids and EVs. Although the new Prius – like all those that came before – uses a nickel metal hydride battery, the plug-in features a lithium-ion pack.

    “Toyota Motor Corp. believes that, in response to the diversification of energy sources, plug-in hybrid vehicles are currently the most suitable environmentally considerate vehicles for widespread use,” the company said in a statement. “TMC therefore intends to encourage the marketing of plug-in hybrid vehicles while introducing a total of 500 vehicles globally—primarily to fleet customers—to further use and understanding of the vehicles.”

    TMC will introduce approximately 150 plug-in hybrid electric vehicles in the United States, as well as more than 150 vehicles in Europe, including 100 in France. TMC is also considering introducing plug-in hybrid vehicles in the United Kingdom, the Netherlands and Germany.

    In announcing the Japan lease program, Toyota said that:

    TMC has positioned hybrid technologies as core environmentally considerate vehicle technologies and is using them in the development not only of plug-in hybrid vehicles but also electric vehicles and fuel-cell hybrid vehicles. TMC will continue its efforts to achieve sustainable mobility by developing and putting into practical use these next-generation vehicles, which are hoped to contribute to reducing petroleum consumption, reducing CO2 emissions and responding to the diversification of energy sources.

    Toyota said that the plug-ins will operate as electric vehicles when used for “short distances” and operate as conventional hybrids when used for medium to long-distance trips.

    Toyota has been testing an earlier plug-in prototype featuring a large NiMH pack rather than the proposed Li-ion pack, with an electric range of approximately 13 km (8 miles) under the Japan 10-15 cycle (Earlier post.)

    The Japan lease program is in collaboration with local governments selected under the Japanese Ministry of Economy, Trade and Industry’s EV & PHV Towns program, which aims to promote the widespread use of electric vehicles and plug-in hybrid vehicles.

    The program features an intensive program for the introduction and promotion of electric vehicles and plug-in hybrid vehicles as well as accelerating the setting up of charging infrastructures and the development of societal awareness and preparedness through the collaboration of the national and local governments, regional businesses and auto manufacturers in Japan.

    Plug-ins are touted for triple-digit fuel economy, but a test fleet of 17 plug-in Prius hybrids in the Seattle area has achieved an average of just 51 mpg. Officials there and plug-in advocates said the problem lies with driver behavior, not the technology.

    Toyota Prius Tops May Auto Sales in Japan; Hybrid Sales Soar in Japan, Despite Downturn

    June 5, 2009 at 10:52 am
    This post is sponsored by LemonFree.com 

    (Source:  Wall Street Journal, Green Car Congress & Tree Hugger)

    Jadaprius

    Image Courtesy: Green Car Congress - Prius sales in Japan by month since January 2007. Data: JADA.

    Last month (May 2009), the Toyota Prius was the top selling model in the world’s second-largest economy; the rival Honda Insight hybrid came in third, according to new car sales rankings—excluding minicars with displacements of less than 660 cc—released by the Japan Automobile Dealers Association (JADA).   

    In April HondaScryve Corporate Social Responsibility Rating was quite happy to report that its new Insight hybrid was both the best selling car in Japan for that month (outselling the Toyota Priusand the first hybrid car to have that honor with 10,481 units. (Earlier post.) In May, the Insight dropped to third place with 8,183 units, behind the Prius and the Honda Fit, with 8,859 units.Toyota’s May performance was all the more surprising, since the third-generation Prius didn’t go on sale until May 18.  

    The Prius posted 10,915 units in May, in Japan more than twice the 5,079 units sold in May 2008 and compared to 1,952 units in April 2009, according to the JADA data. (In the US, Toyota reported 10,091 units of the Prius sold in May.)

    Why are these fuel-sippers speeding out of Japanese dealer lots, when sales of the more-expensive hybrid cars are still in the doldrums in the U.S.,  Japan’s economy isn’t doing any better—indeed, its first-quarter contraction was the biggest since World War II.

    There are several possible explanations—beyond the fact that both Toyota and Honda have cut prices to make hybrids a little less niche and a little more mass market. First, generous government incentives: Japan’s stimulus package included a range of tax breaks for buyers of hybrid (and electric) vehicles which can knock thousands of dollars off the price tag. Japan has tougher mileage standards—but that affects what kind of cars manufacturers turn out, not what kind of cars consumers flock to. One huge difference is the price of gasoline—which automatically makes the hybrids more attractive, especially in a recession. Japan, like many European countries, slaps a hefty national tax on gas. Right now, Japanese pump prices work out to $4.61 a gallon. That compares to a U.S. national average of about $2.50 a gallon.

    Over 1.8 Million new and used cars

    South Korea to Boost Vehicle Fuel Economy Standards

    June 4, 2009 at 11:32 am

    (Source: Green Car Congress & R744.com)

     South Korea plans to raise the fuel economy of locally-made vehicles to surpass future requirements being by the US and Japan, according to the Ministry of Knowledge Economy (MKE). Korea’s fuel efficiency standards are already slated to increase 16.5% in 2012 from the current levels. 

    New passenger cars sold within the country in 2008 ran an average of 11.47 kilometers per liter of fuel (27 mpg US, 8.7 L/100km)—up from 11.04 km/L (26 mpg US, 9.1 L/100km) recorded in 2007.

    South Korea enacted fuel economy standards in 2006 for domestic cars and in 2009 for imported cars with sales of less than 10,000 vehicles. Companies manufacturing or importing more than 10,000 vehicles per year are subject to US CAFE standards.  Standards as strict as those of advanced countries are likely to be in place by 2015 and 2020, MKE said.More importantly, a shift in purchasing habits to favor greener and more fuel-efficient vehicles will put Korea on the right path to the realization of its national vision—low carbon, green growth.

    At present, Korean standards are at 12.4 km/l (29 mpg U.S.) for vehicles with engine displacements of 1.5 litres or less, and 9.6 km/l (22.6 mpg) for those above 1.5 litres. However, as a report from the International Council on Clean Transportation (ICCT) found last year, South Korea is the only nation in the world where fleet average fuel economy is projected to decline over the next five years due to a sharp increase of large engine sized cars. A 15% increase would thus raise the standards to about 14.3 l/km (33.6 mpg) and 11 km/l (25.9 mpg) respectively by 2012. By comparison, the U.S. fuel economy standards have been raised to 35 mpg by 2020. 

    South Korea first developing country to set GHG emission targets under Kyoto
    South Korea could become the first nation not obliged by the Kyoto Protocol to set a national GHG emissions target. The country will thus freeze its greenhouse gas (GHG) emissions at 2005 levels, or 591 million tons of carbon dioxide, over the next five years, Environment Minister Lee Maan-Ee announced on 21 March. Korea’s first governmental scheme to tackle global warming will encourage the development of environmentally friendly vehicles, and initiate nationwide energy-saving campaigns in non-manufacturing sectors including households and commercial buildings. The freeze of GHG emissions until 2012 will actually be a small reduction as South Korea’s emissions have increased by an average of 2.2 percent annually in recent years.

    The unprecedented move follows the United Nations climate change conference in Bali last December, where South Korea pledged to take concrete steps to curb emissions along with 130 other countries. Currently, South Korea is classified as a developing country not facing any emission targets under the Kyoto Protocol. However, as it is likely to be given the status of a developed country in a post-Kyoto agreement after 2012, the latest plan is seen by many as a preparation for even tougher targets in the future.

    U.S. Raises Auto Fuel-Economy to 27.3 MPG for 2011 Models

    March 27, 2009 at 12:48 pm

    (Source: Bloomberg)

    Cars and light trucks will be required to meet a U.S.fuel-economy average of 27.3 miles per gallon for 2011 models, a 2 mpg increase from the previous year’s level, the Transportation Department said.

    The 8 percent gain announced today in Washington carries out a 2007 law intended to curb emissions and fuel use. The change, being put in place asGeneral Motors Corp. and Chrysler LLC face possible bankruptcy, isn’t as aggressive as the 27.8 mpg target that President George W. Bush proposed in April 2008.

    “This isn’t going to be a stretch for them to meet this,” David Kelly, former acting head of the National Highway Traffic Safety Administration under Bush, said of automakers. New-car fuel economy already averaged 31.3 mpg by 2007, NHTSA said in today’s rule.

    Cars must average 30.2 mpg, up from 27.5 currently, under the rule. Light trucks will average 24.1, up from 23.5 mpg for 2010 models. The December 2007 law called for vehicles to meet a 35 mpg standard by 2020 models, a 40 percent increase from the average in 2008.

    “The bad news is that the 27.3 mpg standard means that they’ll have to make up for it in future years,” said Dan Becker, director of the Safe Climate Campaign, a group in Washington that works for environmentally “clean” cars. “The goods news is that they have promised that they will.”

    President Barack Obama’s administration had a March 31 deadline for setting the standard, giving the industry about 18 months to prepare its 2011 models to meet the requirement. Bush never issued his proposed standard before he left office.

    Click here to read the entire article.

    No Smart-takers? Smarts pile ups as order cancellations accelerate

    March 17, 2009 at 7:02 pm

    (Source: Autobloggreen)

     

    Last November, when we talked with SmartUSA boss Dave Schembri at the LA Auto Show, he acknowledged that a number of the people who had placed early orders for the tiny fortwo had canceled before taking delivery. At that time, the cancellation rate was about thirty percent, although most of those cars were being taken up by people who wanted immediate delivery. Apparently, that situation has changed as dealers who last year typically had no more than a meager handful of cars in stock now sometimes have dozens. 

    Click here to read the entire article. 

    Tough Test Emerges as Administration Aims to Bolster Automakers, Cut Pollution

    March 4, 2009 at 12:36 am

    (Source: Washington Post)

    In the viability plans General Motors and Chrysler submitted to support their federal aid requests, the companies pledged to try to meet new fuel economy standards. 

    GM said that within six years its cars would average 38.6 miles per gallon. Chrysler proposed 35.4 mpg.WARNING : Oil Addiction - causes climate change, funds violent extremism, damages health, reduces wealth!Pollution!

    Yet whether those levels will be enough to meet new federal fuel efficiency standards is unknown because even as the Obama administration is trying to revive the American car industry, it is simultaneously drafting tougher fuel economy standards of the kind that many in the industry had said were bad for business.

    If the administration opts for tougher rules, it could make its own auto rescue efforts more expensive and more complex.

    Balancing the two goals — saving the industry and the environment — has emerged as a test of the administration’s aims. And the decisions the president’s auto task force must make in the coming weeks give it broad leverage to shape not only the industry’s finances but its product lines.

    Click here to read the entire article.