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ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

The Car Allowance Rebate System, which cost the government $3 billion and was dubbed “Cash for Clunkers,” was so popular that it ran for only a few weeks in the summer before running out of money. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. —Michael Wiles.

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Commentary: Emissions–not gas mileage–should be foundation for Cash for Clunkers reboot

Green Car Reports

Back in 2009, the $3 billion Cash for Clunkers program, or Car Allowance Rebate System (CARS), offered $3,500 to $4,500 for older vehicles up to 25 years old regardless of the condition provided consumers replaced it with a new, more fuel-efficient one.

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Electric garbage truck, Cash for Clunkers reboot, VW EV brand: Today’s Car News

Green Car Reports

And should Cash for Clunkers look directly at tailpipe emissions for a reboot? This and more, here at Green Car Reports. Volkswagen is thinking of creating a new brand around its most affordable EVs. Garbage trucks are going all-electric, too. Given the.

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

Green Car Congress

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. —Gayer and Parker brief. Emissions Fuel Efficiency Policy'

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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 Click to enlarge. Eighty-four percent of consumers traded in trucks and 59% purchased passenger cars. The average fuel economy of the vehicles traded in was 15.8

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We Need A Cash For Stinkers Program 

CleanTechnica EVs

Just like the Cash for Clunkers program during the financial crisis, a “Cash for Stinkers” program is needed to battle the climate crisis. Cash for Clunkers was designed to increase new car sales and, in the meantime, put more fuel-efficient vehicles on the road.

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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.