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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

In terms of distributional effects, compared to households that purchased a new or used vehicle in 2009 without a voucher, CARS program participants had a higher before-tax income, were older, more likely to be white, more likely to own a home, and more likely to have a high-school and a college degree. Cost per ton of carbon reduced.

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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. Conservative estimates resulted in an implied carbon cost exceeding $365 per ton, and more likely scenarios produced a cost of more than $500 per ton. However, the.

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UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase

Green Car Congress

While this sounds like an all-too-logical conclusion, the study reports a 57% reduction in the benefits of driving the fuel efficient car for carbon emissions purely based on the purchase of the second vehicle. What we really wanted to do is see how households are making decisions when they purchase and own more than one vehicle.

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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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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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UK Scrappage Scheme Encouraging Shift to Smaller, Fuel-Efficient Cars

Green Car Congress

The new vehicle purchased must be a car or small van weighing up to 3,500 kg first registered in the UK on or after mid-May 2009, The switch to greener cars as a result of the UK scrappage scheme echoes the pattern set by the US “cash-for-clunkers” scheme, which saw SUVs and pick-up trucks account for 83% of the most-traded cars.

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EPA annual report on CO2, fuel economy and technology trends finds 2012 heading for all-time best; rapid adoption of new technologies

Green Car Congress

The US Environmental Protection Agency (EPA) released its annual report summarizing key trends in carbon dioxide emissions, fuel economy, and CO 2 - and fuel economy-related technology for gasoline- and diesel-fueled personal vehicles sold in the United States, from model years (MY) 1975 through 2012. Source: EPA. Click to enlarge.