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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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UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase

Green Car Congress

In a recent collaborative study led by the University of Maryland (UMD), researchers found that consumers tend to buy something less fuel efficient than they normally would for their second car after buying an eco-friendly vehicle. —James Archsmith, assistant professor in Agricultural & Resource Economics at UMD and lead author.

Purchase 220
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The Ins and Outs of Scrap Car Recycling

Clean Fleet Report

Unbeknownst to many, manufacturing new automobiles exacts a toll on our ecosystem—increased energy consumption and escalating greenhouse gas emissions further exacerbate the situation. Programs such as “cash for clunkers” provide a financial boost for those considering an automotive upgrade.

Cars 84