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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. After the “clunker” was traded in, its engine was destroyed. l/100 km) averaged by the trade-in vehicles. miles per gallon (9.4 million, or 0.7

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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

Average fuel economy of purchased new light-duty vehicles by month, including projection without the program. The Car Allowance Rebate System (CARS)—“Cash for Clunkers”—gave buyers a rebate when they traded in a vehicle while purchasing a new one. Source: Sivak and Schoettle 2009. Click to enlarge. mpg in July 2009 and 0.7

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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 billion in total. Using an estimated cost of $0.71 The Economists' Voice : Vol.

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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. A gallon of gasoline creates roughly 20 pounds of carbon dioxide when combusted. However, the. Christopher Knittel. Economic Impact? Christopher R.

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$2B Cash for Clunkers Supplement Signed Into Law; Funding Taken from Renewable Energy Loan Guarantee Program

Green Car Congress

3435 , which provides $2 billion FY 2009 emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Program (Cash-for-Clunkers, C4C). Government figures, which tallied individual model variants as separate vehicles, concluded that the Ford Focus was the top seller.

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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

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EPA projects advanced transmissions (6+ speeds and CVTs), gasoline direct injection (GDI) systems, and turbocharged engines will be installed on at least 15% of all MY 2013 vehicles. The majority of the emissions and fuel savings from current vehicles, EPA noted, is due to new gasoline vehicle technologies.

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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.

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