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Study finds that replacement programs that reduce vehicle lifetime can result in increased lifecycle CO2 emissions

Green Car Congress

Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes.

Emissions 218
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Industry experts have their say on scrappage plans

Green Cars News

Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. According to Retail Motor Industry Federation (RMIF) chairman Paul Williams, the announcement could offer a significant boost to new car sales.

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Resounding success or a piece of scrap? The Green Piece

Green Cars News

Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. Environmentalists have dubbed the vehicle scrappage scheme “a bailout masquerading as a green initiative” and have slammed the Government for failing to tie the initiative to green cars. Money talks.

Green 36
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The Budget 2009 - working towards sustainable transport

Green Cars News

The Budget confirmed and built on the Chancellor’s measures in Budget 2008 and the Pre-Budget report by: Confirming the new rules on capital allowances linked to CO2 emissions. Introducing a vehicle scrappage scheme. The CO2 based allowances announced in last year’s Budget were confirmed. Capital Allowances.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

SAIC Motor, China’s top automaker, are producing EVs for as little as $4,500 USD. . The Hyundai Motor Group aims to produce 1 million EVs globally, by 2025. Scrappage schemes . The OECD has conducted analysis on the components of effective ‘scrappage schemes’. In the U.S. China is the world’s largest EV market.