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ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

Under the federal program, buyers could get a $3,500 or $4,500 rebate, depending on how much more efficient their new car was. Carey School of Business, and Chadwick Miller, who had been at ASU and is now an assistant professor at Washington State University. Their paper is published in the Journal of Marketing. —Michael Wiles.

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National Research Council Report Recommends Setting a US Carbon Budget Through 2050; Concludes Known Technologies Not Sufficient to Meet Budget Goals

Green Car Congress

While the report does not specifically recommend a cap-and-trade system, it notes that cap-and-trade is generally more compatible with the concept of an emissions budget. These opportunities can be realized at a relatively low marginal cost, thus leading to an overall lowering of the cost of meeting the 2050 emissions budget.