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$2B Cash for Clunkers Supplement Signed Into Law; Funding Taken from Renewable Energy Loan Guarantee Program

Green Car Congress

3435 , which provides $2 billion FY 2009 emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Program (Cash-for-Clunkers, C4C). Now, those companies are forced to anxiously wait and see if Congress will replace those funds. On Friday, President Obama signed into law H.R.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Cash for Clunkers. There are two bills in the US House of Representatives to give people cash for replacing an old, fuel inefficient vehicle with a new, more efficient, one. Honda demonstrated their “ Walking Assist Device ” at the Congress. Similar programs have been successful in Western Europe.

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Cash for Volts?

Revenge of the Electric Car

The “cash for volts&# approach was touted Monday by the Electrification Coalition, a 13-member group that sees electric plug-ins as the answer to a host of problems, from dependence on foreign oil to tailpipe emissions that some believe is contributing to global climate change. WASHINGTON -(Dow Jones)- Move over, cash for clunkers.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. In communities everywhere, tens of thousands of Americans will have important, well-paid jobs fixing vehicles in commercial garages—and in boarded-up auto plants.

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