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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. In the event of a future economic recession, we would not recommend repeating the CARS program. —Gayer and Parker brief.

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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 84
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

As a result of the lockdown, automobile production ground to a halt in several leading car manufacturing countries. In Italy, data from the Italian Foreign Car Maker Association highlights that car registration for gas and diesel-powered vehicles fell by 97.5% last month, but battery electric vehicle sales decreased by only 58.1%.

Economy 52