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?

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. 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 The results indicate that the program improved the average fuel economy of all vehicles purchased by 0.6

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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. program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel.

US cash for clunkers scheme ends

Green Cars News

The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. Transportation Secretary Ray LaHood announced on Thursday that after a successful run, the cash for clunkers program will come to a close on Monday, August 24th at 8 p.m. At the same time, we’ve been able to take old, polluting cars off the road and help consumers purchase fuel efficient vehicles.”.

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. Though the scheme proved so popular that the initial $1billion set aside for it ran out last month, auto sales only rose by 2.4 When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk

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. While this sounds like an all-too-logical conclusion, the study reports a 57% reduction in the benefits of driving the fuel efficient car for carbon emissions purely based on the purchase of the second vehicle.

Survey Finds Most Americans Concerned About Gas Prices But Not Enough to Stop Taking Their Own Car To Work

Green Car Congress

The vast majority of Americans drive to work, but even the threat of higher gas prices doesn’t seem to be encouraging them much to carpool, take public transportation or buy an energy-efficient hybrid car, according to a new Rasmussen survey. Among the results: 80% of adults say the price of gas will be at least somewhat important in their deciding what vehicle they will purchase next. For 48%, it is a very important factor.

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Hybrid Car Sales Surge in U.S. in August

All Cars Electric

When the Cash for Clunkers (CARS) program here in the U.S. ended, I wondered how many of the buyers who took advantage of the rebate chose to purchase a hybrid. Buying a hybrid made the most sense, in my view, especially with the slight surge in gas prices just before the program launched. If I had owned my own clunker — a well-loved 1989

Poll: 81% of Americans Oppose Gas Tax Hike To Encourage Sales of More Efficient Cars

Green Car Congress

A new Rasmussen telephone poll found that 81% of Americans oppose an “ increase the tax on gasoline by a large amount ” as a way to encourage the purchase of more fuel-efficient cars. In April 2008, 60% of Americans favored suspending the federal gas tax completely for the summer to offset soaring gas prices. Even last October, after record high prices at the pump, just 37% said they were more likely to buy a hybrid car than they were a year earlier.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

For every kJ of chemical energy in the fuel for a spark ignition internal combustion engine, 73 % is sacrificed to chemical and thermal losses. Breaking out the 22%, aerodynamic losses account for 39%, tire resistance is 25%, transmission and drivetrain 20%, accessories 12% and bearings 3%. How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. Cash for Clunkers.

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Labour's £5,000 sweetener to launch electric car revolution | Environment | The Guardian

Tony Karrer Delicious EVdriven

Photograph: Graeme Robertson/Guardian Consumers are to be offered incentives of up to £5,000 to purchase an electric car under government plans to be unveiled today that will also see the creation of electric car cities across the UK and the launch of large-scale experiments with ultra-green vehicles. The cash incentive for consumers would be available to offset the higher upfront costs of electric cars , in particular the price of the batteries in modern vehicles.

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