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. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85

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. While carbon credits are projected to sell in the US for about $28 per ton (current price in Europe is about $20), Knittel found that the best-case estimates of the cost of the clunkers rebate is $237 per ton. do not discuss the merits of the program in terms of stimulus.

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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

IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

Green Car Congress

Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. In some parts of Europe, for example, the government is only providing incentives for electrified vehicles. By 2026, IHS Markit forecasts the global market for automotive semiconductors to reach $67.6

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

For the past few years, EVs became an increasingly popular choice amongst drivers. As a McKinsey report points out, early adopters sparked 60% growth year-on-year for the past decade.

"Plug-in Arizona Educational Tour" Update -- "Spirit of DC's" Visit to Nogales High School with Nogales International Reporter, Tuesday, 24 Nov 2009

Spirit of DC - PHEV3A

It initiated the start of the "Plug-in Arizona Educational Tour" for educating one AZ County at a time! And of course, now Plug-ins for extra credit! Cause if you're without wheels, which is due to $4, $5, $6/gallon for gasoline, then "Happiness" is not likely yours! After all, if the US Stimulus Package program could do "Cash for Clunkers," then why not "Cash for Conversions!".

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Thursday - 1 October 2009. Reporting Out on the Tour de AZ; "Spirit of DC" Plug-in Hybrid Electric Vehicle All Around ARIZONA -- a new PHEV3A

Spirit of DC - PHEV3A

Cheers PHEV3A'rs, EVANC'rs, EVnthusiasts, One & All - Here's a re-worked in part email sent to Michelle in Public Affairs at AAA of Arizona: Cheers Michelle, AAA Public Relations - Above you can see frontpiece to the www.SpiritofDC.com website, and a July 2009 picture of the All American "Spirit" as the advance scout vehicle for the successful Tesla EVenture - the pure electric Tesla on a Sportscar run from New York to California.

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