Green Car Congress
NOVEMBER 3, 2013
jobs for each million dollars of program costs) than other fiscal stimulus programs, such as increasing unemployment aid, reducing employers’ and employees'' payroll taxes, or allowing the expensing of investment costs. The small increase in employment came at a far higher implied cost per job created ($1.4 million, or 0.7 million tons.
Green Car Congress
AUGUST 14, 2009
The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. do not discuss the merits of the program in terms of stimulus. Knittel, “ The Implied Cost of Carbon Dioxide under the Cash for Clunkers Program ” (CSEM WP 189, August 2009).
Green Car Congress
NOVEMBER 6, 2020
Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.
Green Cars News
AUGUST 18, 2009
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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