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Univ. of Delaware Researchers Conclude Cash for Clunkers Cost Exceeded Benefit

Green Car Congress

Burton Abrams and George Parsons of the University of Delaware evaluated the efficiency of the recently concluded Cash for Clunkers (CARS) program and concluded that the cost exceeds the benefit by approximately $2,000 per vehicle, or close to $1.4 Using an estimated cost of $0.71 2009) Is CARS a Clunker?

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More international criticism for scrappage schemes

Green Cars News

Another point is the impact cars have on society - the group’s figures suggest that the associated costs of cars can make up 10 per cent of a country’s GDP when you include factors such as medical care for pollution related respiratory problems as well as accidents and climate change.

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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. The government also wants to find ways to support the ongoing costs of electric cars. "We benefit, broadly, manufacturing in the UK," said Hoon. My Web del.icio.us