article thumbnail

Scrappage scheme could be popular than expected

Green Cars News

The scrappage scheme announced as part of the Budget last week, could be more popular than the government expects according to the Insistute of Fiscal Studies (IFS). As fiscal stimulus, this measure benefits one industry. The government hopes that this will occur after the economy has picked up.”.

article thumbnail

ITF study finds limited environmental and safety impacts of car fleet renewal schemes in US, France and Germany

Green Car Congress

The report does not address the employment or stimulus-related impacts of fleet renewal schemes which are arguably their primary objectives. While scrappage schemes have the potential to deliver on objectives such as reducing pollutant emissions, these have not done so as well. standards and Euro-1 cars produced from 1992 to 1996.

France 249
article thumbnail

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. per cent in July suggesting that American consumers are still nervous about their jobs and the economy.