Remove Automobile Remove Cash For Clunkers Remove Economy Remove Vehicles
article thumbnail

Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. After the “clunker” was traded in, its engine was destroyed. l/100 km) averaged by the trade-in vehicles. miles per gallon (9.4

article thumbnail

Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. Earlier post.).

article thumbnail

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. Knittel did not analyze the program’s other key objectives: stimulating the economy and providing relief for automobile manufacturers. However, the.

article thumbnail

US cash for clunkers scheme ends

Green Cars News

The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. Transportation Secretary Ray LaHood announced on Thursday that after a successful run, the cash for clunkers program will come to a close on Monday, August 24th at 8 p.m.

article thumbnail

The Ins and Outs of Scrap Car Recycling

Clean Fleet Report

The Environmental Footprint of Scrap Car Recycling Perils of Abandoned Vehicles Abandoned and forsaken vehicles stand as silent environmental culprits, occupying spaces and leaking hazardous substances like oil, antifreeze and battery acids into the surroundings.

Cars 83
article thumbnail

Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

In a session on total vehicle energy consumption, several people shared similar pie charts showing the flow of energy within an automobile. Only 22% remains to power the vehicle. Cash for Clunkers. The association expects the amount of aluminum per vehicle to increase from 8.6% Braking losses add another 6%.

Congress 150
article thumbnail

Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

According to a report from Automotive News , dealers are getting worked up about the prospect of not receiving money swiftly enough — mimicking some of the hardships endured during the Cash-for-Clunkers period. Car dealers are asset rich and cash poor. All of a sudden, the dealer is in a cash crunch."