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. 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 mpg (14.9

Univ. of Delaware Researchers Conclude Cash for Clunkers Cost Exceeded Benefit

Green Car Congress

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 There is a $4,200 loss to the taxpayer (the average subsidy), but the CARS participant gains $1,600 per vehicle ($2,600 in the value of the price subsidy less the $1,000 loss of the clunker). 2009) Is CARS a Clunker?

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Study Finds Cash for Clunkers Program Boosted Average Fuel Economy of All Vehicles Purchased by 0.6 mpg in July and 0.7 mpg in August

Green Car Congress

A study by Michael Sivak and Brandon Schoettle at the University of Michigan’s Transportation Research Institute (UMTRI) concluded that the recently concluded Cash for Clunkers program improved the average fuel economy of all vehicles purchased by 0.6 mpg in July 2009 and 0.7 mpg in August 2009. The Car Allowance Rebate System (CARS)—“Cash for Clunkers”—gave buyers a rebate when they traded in a vehicle while purchasing a new one.

August U.S. Light-Vehicle Sales Hit Highest MPG Since $4 Gasoline

Green Car Reports

Thanks to the strong financial incentives offered by the Cash-For-Clunkers program , the average gas mileage of new vehicles sold in the U.S. mpg in August 2008. during August reached a record high: 23 miles per gallon, up 8 percent from the 21.2 The calculations were done by the trade journal Ward's Automotive News , which compiles its

EPA annual report on CO2, fuel economy and technology trends finds 2012 heading for all-time best; rapid adoption of new technologies

Green Car Congress

The US Environmental Protection Agency (EPA) released its annual report summarizing key trends in carbon dioxide emissions, fuel economy, and CO 2 - and fuel economy-related technology for gasoline- and diesel-fueled personal vehicles sold in the United States, from model years (MY) 1975 through 2012. Data for MY 2011 are final; data for MY 2012 are preliminary and based on projected vehicle production values provided to EPA by manufacturers. mpg (10.5 mpg (9.9

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Calling the recent weeks “ one of the most emotionally difficult times for me as I’ve seen people with far more clout than I fail to make headway in changing the lackluster, dispiriting and immensely frustrating responses to the Gulf catastrophe ,” CalCars founder Felix Kramer has written a pre-response to President Obama’s scheduled Tuesday night speech to the US about the catastrophe in the Gulf of Mexico.]. Realists” say that’s impossible for decades.

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"Plug-in Arizona Educational Tour" Update -- "Spirit of DC's" Visit to Nogales High School with Nogales International Reporter, Tuesday, 24 Nov 2009

Spirit of DC - PHEV3A

It initiated the start of the "Plug-in Arizona Educational Tour" for educating one AZ County at a time! And of course, now Plug-ins for extra credit! A plug and a pack can make a car a 101 MPG vehicle aided by electricity. ! Cause if you're without wheels, which is due to $4, $5, $6/gallon for gasoline, then "Happiness" is not likely yours! After all, if the US Stimulus Package program could do "Cash for Clunkers," then why not "Cash for Conversions!".

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