article thumbnail

$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). On Friday, President Obama signed into law H.R. Edmunds.com calculated the Seasonally Adjusted Annualized Rate (SAAR) of auto sales in the last week of July surged to 19.6

article thumbnail

Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk

article thumbnail

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

Green Car Congress

In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.

Oil 252
article thumbnail

The Ins and Outs of Scrap Car Recycling

Clean Fleet Report

The Environmental Footprint of Scrap Car Recycling Perils of Abandoned Vehicles Abandoned and forsaken vehicles stand as silent environmental culprits, occupying spaces and leaking hazardous substances like oil, antifreeze and battery acids into the surroundings.

Cars 84
article thumbnail

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

Technological innovation is a major driving force behind the recent improvements in CO 2 emissions and fuel economy, and the majority of the carbon and oil savings from current vehicles is due to new gasoline vehicle technologies, EPA said. Other highlights of the report include: Many new technologies are rapidly gaining market share.

article thumbnail

EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

Technological innovation is a major driving force behind the recent improvements in CO 2 emissions and fuel economy, and the majority of the carbon and oil savings from current vehicles is due to new gasoline vehicle technologies. Many new technologies are rapidly gaining market share.

article thumbnail

Cash for Volts?

Revenge of the Electric Car

The “cash for volts&# approach was touted Monday by the Electrification Coalition, a 13-member group that sees electric plug-ins as the answer to a host of problems, from dependence on foreign oil to tailpipe emissions that some believe is contributing to global climate change. November 16, 2009: 06:01 PM ET. By Judith Burns.

Volt 100