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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. miles per gallon (9.4 Cost per job created. Click to enlarge. Click to enlarge.

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

Green Car Congress

Over time, we can conserve by reducing the miles we drive. That means we’ll be powering some miles with increasingly renewable electricity that isn't made from imported oil. While we’re fixing vehicles, we can also equip them with low-cost real-time MPG indicators that show us how to save money and still get to places quickly.

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