Tag: Government

By on August 19, 2010

China’s State-owned Assets Supervision and Administration Commission of the State Council (SASAC) has formed an alliance of 16 Chinese government-owned businesses, aimed at unifying EV standards and speeding up research and development. According to CRIenglish.com, the non-profit group has a startup budget of about $186m, but Peoples Daily claims the group is ramping up to spend $14.7b on EV development over the next ten years (time to start worrying about an EV subsidy gap?). The alliance is said to include the country’s top three oil majors, top two power grid operators, battery and charging equipment makers, as well as the automakers China FAW Group Corporation, Dongfeng Motor Corporation and China Changan Automobile Group. And though this smacks of a response to US government spending on EV stimulus, the Chinesse industry is not exactly praising the new state-owned alliance with one voice.

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By on August 18, 2010

California courts are not alone in questioning the validity of red light camera and speed camera photographs as valid legal evidence. On Friday, the Queensland, Australia Court of Appeal ruled that automated ticketing cases require more than a pair of images in a folder to make a speeding case that will stick. The motorist, a non-lawyer, won her case against the government with only the help of her husband.

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By on August 17, 2010

Redflex Traffic Systems of today reported to the Australian Securities Exchange that it had rebuffed the $275 million offer from toll road giant Macquarie Bank for outright control of the company. The Australian red light camera maker believes that it can spark a bidding war to drive up the purchase price and enrich shareholders.

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By on August 16, 2010

Who pays for free parking? Everyone but the motorist.

That’s the thesis of UCLA professor of urban planning, Daniel Shoup’s new book The High Cost of Free Parking. Marginal Revolution blogger Tyler Cowen explains Shoup’s line of thinking in an NYT Op-Ed.

Many suburbanites take free parking for granted, whether it’s in the lot of a big-box store or at home in the driveway. Yet the presence of so many parking spaces is an artifact of regulation and serves as a powerful subsidy to cars and car trips. Legally mandated parking lowers the market price of parking spaces, often to zero. Zoning and development restrictions often require a large number of parking spaces attached to a store or a smaller number of spaces attached to a house or apartment block.

If developers were allowed to face directly the high land costs of providing so much parking, the number of spaces would be a result of a careful economic calculation rather than a matter of satisfying a legal requirement. Parking would be scarcer, and more likely to have a price — or a higher one than it does now — and people would be more careful about when and where they drove.

The subsidies are largely invisible to drivers who park their cars — and thus free or cheap parking spaces feel like natural outcomes of the market, or perhaps even an entitlement. Yet the law is allocating this land rather than letting market prices adjudicate whether we need more parking, and whether that parking should be free. We end up overusing land for cars — and overusing cars too. You don’t have to hate sprawl, or automobiles, to want to stop subsidizing that way of life.

Cowen points to San Francisco’s market-based parking meters as one potential solution for the waste and stealth subsidies of automotive overuse caused by free parking (which Shoup reckons amounts to a staggering $127b annual subsidy). But will market-based parking pricing be any more politically palatable than other green behavior-modification efforts like, say, a gas tax? On the other hand, if municipalities can get rid of speed cameras due to increased parking revenue, perhaps the compromise might be more worth it to motorists. Either way, one gets the feeling that the free parking phenomenon isn’t going to disappear overnight.

By on August 16, 2010

American Traffic Solutions (ATS) and its subcontractors have spent $230,648 in an effort to deprive voters in Baytown and Houston, Texas of a chance to decide whether red light cameras should be used in their city. On November 2, residents will likely have the chance to adopt charter amendments banning the use of automated ticketing machines, although ATS lawyers are working overtime to attempt to have the courts overturn the citizen-led petition drive. Earlier this month a similar ATS-funded legal attack failed in Mukilteo, Washington, but the company last year had some success finding a judge in College Station willing to overrule the public.

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By on August 13, 2010

According to a poll released last week by the Liverpool Victoria Insurance Company, UK motorists drive more erratically in the presence of speed cameras. The firm, which insures 3.8 million in England and Wales, commissioned ICM Research to survey how the driving public responds when automated ticketing machines are present. The firm concluded that, since 2001, photo enforcement may have contributed to thousands of accidents that would not have otherwise occurred.

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By on August 12, 2010

In December 2008, the city of Chicago, Illinois leased for 75 years its 36,000-space parking meter system to Chicago Parking Meters LLC. This firm, which is owned primarily by Morgan Stanley Infrastructure Partners, made a one-time, $1.16 billion up-front payment for the right to collect meter revenue for the life of the deal. By next year, Mayor Richard M. Daley will have spent the entire payment shoring up the budgets for 2010 and 2011.

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By on August 11, 2010

Making a recording of a police traffic stop is not a crime in the opinion of Maryland’s attorney general. In a ruling issued last month from the state’s top law enforcement office, Chief Counsel Robert N. McDonald found the legal grounds weak for felony wiretapping charges of the type brought against a motorcyclist who posted a video of himself being arrested on YouTube. Maryland State Police had taken advantage of ambiguity in the law to prosecute Anthony Graber, 25 for the April 13 recording.

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By on August 10, 2010

It’s difficult to compete globally when governments try to pick the winning technologies and the direction changes from administration to administration… the U.S. government is going a bit too far in trying to dictate the powertrain technologies of the future.

BorgWarner CEO Tim Manganello tells Green Car Advisor what he really thinks of the billions of government dollars that have gone into the electric car industry of late. And though the supplier boss clearly has a personal interest in non-EV efficiency solutions (namely dual-clutch transmissions which require some kind of combustion engine), he’s also got a point. Why is the government lavishing unproven (luxury) startups like Tesla and Fisker with hundreds of millions in federal largess, while doing next to nothing to increase the market penetration of proven technologies like clean diesel or natural gas?

By on August 10, 2010

At the end of the second quarter of this year, Ford’s overall automotive debt totaled $25.8 billion. Just three months before, its debt level was at $32.6 billion. The debt reduction is all part of CEO Alan Mulally’s plant to earn an investment-grade debt rating by the end of 2011, a move that will lower Ford’s cost of borrowing as well as lowering interest payments. And though Ford’s been making a healthy profit, America’s bailout-free automaker has had more than its fair share of government help to beat the debt. According to the WSJ [sub], Ford’s extensive collection of government loan guarantees has been key to its ability to pay down more expensive debt accumulated during Ford’s 2006 restructuring.

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By on August 10, 2010

Ridgeland, South Carolina wants to deploy a speed camera to ticket out-of-state drivers as they pass through the seven-mile stretch of interstate within the tiny town’s limits. The plan angered the state legislature to such a degree that it unanimously enacted legislation in June to prohibit photo enforcement — except during declared state emergencies (view law). The Ridgeland town council refused to back down.

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By on August 9, 2010

One million Texas voters are likely to be given the option of reducing the number of red light cameras in the state. Later today, activists in Houston plan to submit over 30,000 signatures — more than is needed — on a petition to place a photo enforcement ban on the November 2 ballot. In the nearby suburb of Baytown, organizers responded to a notice that a previously submitted petition had fallen short of the requirement by twelve names by turning in an overwhelming 747 more last week.

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By on August 6, 2010

We want the government out, period. We don’t want to be known as Government Motors.

GM Chairman and CEO Ed Whitacre channels his inner Rick “Bankruptcy is not an option” Wagoner in the New York Times, telling the taxpayers who put him in charge of a bailout-rinsed General Motors to get lost. Sure Ed, we’ll all go NSFW ourselves just as soon as we get our $49.5 billion back. Talk about putting the throat-clearing guttural in chutzpah…

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By on August 6, 2010

Earlier this week, Tesla reported a $38.5m Q2 net loss, up from its $29.5m in the first quarter of the year. The good news was that revenue rose by about $8m over Q1, to $28.45m, but development and selling/general expenses rose countering the higher receipts. Other good news came on the Model S front, as Tesla claims that body and powertrain development is complete for the forthcoming sedan. But with the company losing about $5 per share (currently valued at $19.70 each), there’s more bad news coming. In a piece at Wired Autopia, Tesla’s former PR boss Darryl Siry points out that a key revenue stream for Tesla is being closed.

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By on August 6, 2010

When a police spokesman is quoted in a newspaper or on a radio program regarding photo enforcement, everything he says is carefully scripted by the private company dependent on the survival of the program for its revenue. This became clear after a Maryland activist yesterday released contract documents that outline the role of Affiliated Computer Services (ACS) in creating the sales pitch delivered to the public by Montgomery County officials. StopBigBrotherMD.org obtained copies of the contract in which ACS receives a cut of every ticket the company issues, promising in return to control all aspects of communications regarding the program.

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