The highly visible success of the stimulus program known as cash-for-clunkers induced a boom in vehicle sales this summer that clearly would not have happened otherwise.
Now, the Obama administration is looking at creating a new version of the program — this time for home weatherization.
One proposal, which would give households money to pay for weatherization projects that help cut carbon emissions, might be called “cash for caulkers.” Rahm Emanuel told the New York Times, “It’s one of the top things (the president) is looking at.”
The idea has a lot to recommend it…
(Read more in the NY Times)