Green Car Congress
FEBRUARY 17, 2010
While a mandate can potentially increase social welfare substantially, a consumption subsidy likely decreases welfare significantly, primarily because of the taxpayer burden but also because it encourages negative externalities related to vehicle miles traveled, local air pollution and CO 2 emissions.
Green Car Congress
OCTOBER 20, 2014
Early in September, the California Air Resources Board (ARB) announced it would consider in a 23-24 October meeting amendments to the Zero Emission Vehicle (ZEV) regulation that would modify the requirements for intermediate volume manufacturers (IVMs) selling into the state to allow them more time to come into the market. Earlier post.).
Green Cars News
APRIL 22, 2009
On one hand, the scrappage scheme should encourage drivers to take up more fuel efficient cars - although as the Environmental Transport Association pointed out earlier this week (see our article here ), driving new and greener cars will not necessarily surpass the environmental impact of disposing of older vehicles.
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