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ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

The study found that people would have been more likely to upgrade their cars if rebates had been less and if they had been offered as straight discounts—not trade-in refunds. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. Three professors in the W. —Michael Wiles.

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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. —Gayer and Parker brief. Emissions Fuel Efficiency Policy'

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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. Conservative estimates resulted in an implied carbon cost exceeding $365 per ton, and more likely scenarios produced a cost of more than $500 per ton. However, the.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

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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More international criticism for scrappage schemes

Green Cars News

The ecologists believe that three studies - one in Spain, one in France, and one in Germany - show that investing money in mass transit systems returns twice the yield than money invested in private transport including cars. Tags: Green cars Latest news cash for clunkers scrappage scheme Spain vehicle scrappage scheme.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Crane also mentioned that one-quarter to one-third of the cost of a battery system is the packaging, integration and electronics. 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. State of Charge.

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