Saving the Economy, One Furnace at a Time

Like most Americans, I’m guarding my dollars, but when my furnace died during Seattle’s coldest winter in decades, I needed to replace it. And when I did, with a high-efficiency Trane model made in Trenton New Jersey, the costs and gains underscored key lessons about what we need to do to craft a stimulus package that actually builds for America’s future. My new furnace saves energy and fights climate change. It promotes American jobs, and pays back its costs in a reasonable time frame. It points toward how to genuinely renew America’s economy instead of encouraging the same consumption for consumption’s sake that has helped create our current problems.



Let’s look at what my $5,000 purchased. It supported Trane’s factory workers in New Jersey and in their main plant in Tyler, Texas, supported local Seattle installers, and supported beleaguered New Jersey, Texas, and Washington state and city governments through the sales tax I paid and the taxes paid by the companies involved. In my personal economy, it meant I’ll save more than a third of my yearly gas bill and a commensurate amount of my CO2 emissions.

…So how do we make similar choices affordable for everyone, whether or not they have the savings to do this on their own? Imagine if the pending stimulus package helped people make such investments nationwide, combining direct incentives with low or no-interest loans, along the lines of those long advocated by Al Gore. Imagine if it prioritized energy efficiency and investment in renewables, particularly those that are American-made.

Smirking Chimp