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

Green Car Congress

After the “clunker” was traded in, its engine was destroyed. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85 Paper: Cash for Clunkers: An Evaluation of the Car Allowance Rebate System Policy brief: The Car Allowance Rebate System: Evaluation and Lessons for the Future.

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Cash for Clunkers By the Numbers

Green Car Congress

Cash for Clunkers sales by manufacturer. The US Cash for Clunkers program (CARS) ended Tuesday night with 690,114 dealer transaction submitted worth $2,877.9 The average fuel economy of the vehicles traded in was 15.8 mpg and the average fuel economy of vehicles purchased is 24.9

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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. His analysis, titled “The Implied Cost of Carbon Dioxide Under the Cash for Clunkers Program,” was published online 13 August by the University of California Energy Institute.

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EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

MY 2012 adjusted fuel economy is 23.6 mpg fuel economy improvement from MY 2011 to MY 2012 is the second largest annual improvement in the last 30 years. l/100 km) fuel economy, which, if achieved, will again represent all-time records. Click to enlarge. l/100 km), which is 1.2 mpg, or 22%. Click to enlarge.

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Cash for clunkers: a summary

Green Cars News

The US Cash for Clunkers scheme ran out of cash on Tuesday with 690,114 dealer transactions submitted. The average fuel economy of the vehicles being traded in was just 15.8mpg, but the average of those being bought was 24.9mpg - that’s an improvement of 58 per cent. So did it achieve its objectives?

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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