This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. 350 g CO2 e/mi for ICEVs and ?250 automotive and energy industries. 250 gCO 2 e/mi for HEVs, PHEVs, FCEVs, and BEVs.
It didn’t take long for vehicle manufacturers to jump on the scrappage bandwagon in a bid to strike while the iron is hot. However, the French manufacturer was not just confirming its participation in the Government-led plans - instead it was issuing a reminder about a scrappage scheme of its own.
The UK’s car scrappage scheme may have been dubbed a resounding success by the majority of car manufacturers and consumers alike, but it hasn’t won plaudits from all corners. There are ominous questions looming too, as to what the motor industry will do when the scrappage scheme ends. The Green Piece: Tuesday 6 October, 2009.
A report from the respected Institute of Mechanical Engineers (IMechE) advises that the Government should not rely solely in the introduction of electric cars to reduce vehicle-related CO2 emissions. The Government should also ‘as an example to the nation’, adopt a policy of only purchasing low carbon vehicles were there clear emission gains.
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.
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. Increasing company car benefit in kind tax in the future for all but the lowest carbon cars. Introducing a vehicle scrappage scheme. P11d value**.
We note that the Sustainable Business Council’s Low Carbon Freight Pathway, reflected in the CCC’s final advice, has shown that we can be much more ambitious. We support the SBC’s Low Carbon Freight Group’s work, and encourage the development of a National Freight and Supply Chain Strategy as a matter of priority. Scrappage schemes .
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content