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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. Cost per job created. Click to enlarge. Cost per ton of carbon reduced. Click to enlarge. million, or 0.7 million tons. —Gayer and Parker brief.

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Biden plan would broaden EV tax credit, include Cash for Clunkers reboot

Green Car Reports

Joe Biden announced a broad environmental plan Tuesday that includes provisions to broaden the federal electric-car tax credit and revive the "Cash for Clunkers" program.

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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. These sentiments remain largely unchanged from nearly two years when 86% said they opposed the idea of raising gas taxes by $0.50

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Cash for Volts?

Revenge of the Electric Car

More details at: Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use. by Judith Burns for Dow Jones. By Judith Burns.

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Proposed scrappage scheme meets criticism

Green Cars News

An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. Tags: Green cars Latest news cash for clunkers scrappage scheme. Leave a comment with your thoughts.

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Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. Car dealers are asset rich and cash poor. Cash flow is something we look at every single day in a car dealership," she continued.

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

Green Car Congress

We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. Right now, buyers of new plug-in cars get up to $7,500 in tax credits. So these retrofits will cost less to drive right away, benefitting public, military, and private fleets, and individual drivers.

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