Senate Committee Considers Raising Efficiency Standards, Oblivious to the Mess They’ve Already Created
The plan, co-sponsored by Committee Chairman Bingaman (D-N.M.) and Sen. Lisa Murkowski (R-Alaska), drew immediate criticism from the Competitive Enterprise Institute.
Statement by Sam Kazman, CEI General Counsel
If these energy-saving technologies were so good, they wouldn’t need to be imposed on us by law. Mandated efficiency standards have raised prices, shrunk the availability of affordable models, and pushed repair costs through the roof. The government’s destruction of conventional top-loading washing machines is but one example of the idiocy of these laws. Politicians tout these mandates because efficiency is a feel-good mantra with little connection to reality, and appliance makers love them because they restrict competition in low-end model lines. Meanwhile, consumers get hosed.
Read more by Sam Kazman:
How Washington Ruined Your Washing Machine, Wall Street Journal, March 17, 2011
How Many Congressmen Does It Take to Screw the Light Bulb?, Cigar Magazine, February 2011