How Washington is wasting huge sums on “green” initiatives — and pretending it’s coming out ahead.
On the front page of the New York Times’ online edition Sunday was an artist’s rendering of the pride and joy of the federal General Services Administration: a renovated federal building in Portland, Ore., that features plants growing up all 18 stories of one side.
“They will bloom in the spring and summer when you want the shade, and then they will go away in the winter when you want to let the light in,” Bob Peck, commissioner of public buildings for the G.S.A., told the Times, adding, “Don’t ask me how you get them irrigated.”
Don’t ask how much they cost, either.
I told you not to ask.
OK, I’ll tell you: The entire renovation costs $133 million. The plants are only one component, but the G.S.A. admits that the renovation is being undertaken for the purpose of making the building “green.” Done as a project of the Office of Federal High-Performance Green Buildings, the renovation is Oregon’s largest federal stimulus project.
The Obama administration proudly boasts that the effort will dramatically reduce the building’s energy use, thereby saving federal taxpayers $280,000 a year in energy costs.
Now here comes the fun part.
Nowhere in the article did The New York Times bother to do the math. So I did. (It wasn’t hard, I did it on my Blackberry while setting out for a winter hike.) To recoup its investment in this renovation, the government will have to keep the building running for the next 475 years.
Look on the bright side. Everything after year 476 is gravy!
As Joe Vaughan, a Portland commercial real estate developer, told The Times, “As a taxpayer, I think it’s a horrible waste of money that no private developer would undertake.”
The G.S.A response?
“The idea is that the cost savings are in the energy efficiency,” Caren Auchman, a spokeswoman for the G.S.A., uselessly told the Times, which did not question the validity, or sanity, of that statement.
To provide a little perspective, the taxpayers are going to shell out $133 million — more than half the cost of the nearby Rose Garden Arena, where the Portland Trailblazers play — so the government can annually save the taxpayers $68,000 less than the combined yearly salaries of Oregon’s two U.S. senators.
This is what passes for a good “green” investment in Washington these days.
This is only one tiny example of the type of cost-benefit analysis being promoted in Washington in the name of saving the planet.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online