Green Car Congress
SEPTEMBER 2, 2009
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?
Green Cars News
AUGUST 21, 2009
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.
Green Cars News
MAY 23, 2009
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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