Remove Cost Of Remove Resource Remove Sale Remove Stimulus
article thumbnail

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. The small increase in employment came at a far higher implied cost per job created ($1.4 million, or 0.7 million tons.

article thumbnail

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

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. do not discuss the merits of the program in terms of stimulus. However, the.

article thumbnail

Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

With payments of up to $4,500 for motorists willing to swap their ageing gas guzzling vehicles for more fuel efficient ones, it seemed like a ‘can’t lose’ scheme with consumers getting cheaper cars, the automotive industry enjoying more sales and the environment boosted by a reduction in harmful emissions. So is this scheme green at all?

article thumbnail

Study finds solo hybrid drivers in California HOV lanes amplify congestion, create up to $4,500 per car in adverse social costs annually

Green Car Congress

The California law enabling single-occupant access to the HOV lanes was meant to stimulate sales for fuel-efficient, ultra low-emission vehicles, with the goals of reducing dependence on foreign oil and saving money at the gasoline pump. Policy Sales' 6, Issue 3 doi: 10.1257/pol.6.3.1.

article thumbnail

Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

Green Car Congress

In a new report , Pike Research forecasts that global sales of electric vehicle (EV) charging equipment (EVSE) will grow at a steady pace from 2012 to 2020 as the global market for plug-in electric vehicles (PEVs) grows. in 2013, with initial sales being retrofit units. Kingdom; the Netherlands; and Italy.

2020 277
article thumbnail

Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Department of Energys Transportation Electrification stimulus program for a federal grant that would enable a nationwide demonstration fleet with the United States Postal Service (USPS) * Potential partnership with USPS to include infrastructure support from ConEd, Duke Energy, DTE Energy and Electric Power Research Institute (EPRI) Washington, D.C.,

Minivan 46
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

How Real, How Soon, and What Must Happen Next,” which concludes the costs of creating an automotive market dominated by electric and hybrid cars are prohibitively high for the foreseeable future – as high as $49 billion for Europe alone (along with another $21 billion for battery-charging infrastructure). The group pointed to a B.C.G.

Volt 42