Brookings analysts recommend against repeating cash for clunkers program in future recession
Green Car Congress
NOVEMBER 3, 2013
Cost per ton of carbon reduced. After the “clunker” was traded in, its engine was destroyed. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85 The program resulted in a reduction of carbon dioxide emissions of only 8.58 Cost per job created. Click to enlarge.
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