Brookings analysts recommend against repeating cash for clunkers program in future recession
Green Car Congress
NOVEMBER 3, 2013
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. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85 Cost per job created.
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