Green Car Congress
MARCH 25, 2019
The study found that people would have been more likely to upgrade their cars if rebates had been less and if they had been offered as straight discounts—not trade-in refunds. Under the federal program, buyers could get a $3,500 or $4,500 rebate, depending on how much more efficient their new car was. Three professors in the W.
Green Car Congress
NOVEMBER 3, 2013
In terms of distributional effects, compared to households that purchased a new or used vehicle in 2009 without a voucher, CARS program participants had a higher before-tax income, were older, more likely to be white, more likely to own a home, and more likely to have a high-school and a college degree. Cost per job created. Click to enlarge.
Green Car Congress
AUGUST 14, 2009
The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. He also assumed drivers didn’t change their habits, although some analysts have suggested that the owners of new vehicles will drive more than they would have with their old cars.
Green Car Congress
SEPTEMBER 2, 2009
Burton Abrams and George Parsons of the University of Delaware evaluated the efficiency of the recently concluded Cash for Clunkers (CARS) program and concluded that the cost exceeds the benefit by approximately $2,000 per vehicle, or close to $1.4 2009) Is CARS a Clunker? billion in total. Abrams, Burton A.
Green Car Congress
SEPTEMBER 12, 2009
A study by Michael Sivak and Brandon Schoettle at the University of Michigan’s Transportation Research Institute (UMTRI) concluded that the recently concluded Cash for Clunkers program improved the average fuel economy of all vehicles purchased by 0.6 mpg in July 2009 and 0.7 mpg in August 2009. mpg in July 2009 and 0.7
Green Car Congress
SEPTEMBER 22, 2009
Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. The one exception is the US CARS program. A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e.,
Green Car Congress
MARCH 3, 2021
In a recent collaborative study led by the University of Maryland (UMD), researchers found that consumers tend to buy something less fuel efficient than they normally would for their second car after buying an eco-friendly vehicle. —James Archsmith, assistant professor in Agricultural & Resource Economics at UMD and lead author.
Expert insights. Personalized for you.
223 
Let's personalize your content