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ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

In 2009, the Obama administration launched the Car Allowance Rebate System, a program that was intended to not only stimulate spending, but also to improve energy efficiency and safety by encouraging people to upgrade to new cars. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Tuesday night, President Obama will speak to the nation about the Gulf catastrophe. Tuesday night President Obama will address our nation. The missing piece we dream President Obama will follow up with is an emergency-response roadmap to a world where increasingly scarce and costly oil is used only when needed.

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Labour's £5,000 sweetener to launch electric car revolution | Environment | The Guardian

Tony Karrer Delicious EVdriven

The cash incentive for consumers would be available to offset the higher upfront costs of electric cars , in particular the price of the batteries in modern vehicles. Its that part that could incentivise consumers to buy an electric vehicle." Barack Obama releases Bush administration torture memos 5. My Web del.icio.us

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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."