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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. Conservative estimates resulted in an implied carbon cost exceeding $365 per ton, and more likely scenarios produced a cost of more than $500 per ton.

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CRC study finds some adverse results from use of mid-level ethanol blends in MY 2001-2009 engines; DOE and ethanol industry say study significantly flawed

Green Car Congress

The Sustaining Members of CRC are the American Petroleum Institute (API) and a group of automobile manufacturer members (Chrysler, Ford, General Motors, Honda, Mitsubishi, Nissan, Toyota, and Volkswagen). While extended light-load operation is an option, it greatly increases the duration, sample size, and cost of test programs.

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