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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. It was funded by the Energy Institute and the Institute of Transportation Studies. Tags: Fuel Efficiency Policy. However, the. However, the. Economic Impact?