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

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

Green Car Congress

Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. Alexander Allan, Rachel Carpenter and Geoff Morrison (2009) Abating Greenhouse Gas Emissions through Cash-for-Clunker Programs ( UCD-ITS-RR-09-26 ).

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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.

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The Ins and Outs of Scrap Car Recycling

Clean Fleet Report

Unbeknownst to many, manufacturing new automobiles exacts a toll on our ecosystem—increased energy consumption and escalating greenhouse gas emissions further exacerbate the situation. Programs such as “cash for clunkers” provide a financial boost for those considering an automotive upgrade.

Cars 84
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Survey Finds Most Americans Concerned About Gas Prices But Not Enough to Stop Taking Their Own Car To Work

Green Car Congress

The vast majority of Americans drive to work, but even the threat of higher gas prices doesn’t seem to be encouraging them much to carpool, take public transportation or buy an energy-efficient hybrid car, according to a new Rasmussen survey. 88% of adults say they drive to work.

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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 Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%.

Economy 52