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Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. A first wave occurred in the 1990s, followed by a spate of current schemes to stimulate domestic autoindustries in the face of the economic crisis.
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. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk
Well, America’s autoindustry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the autoindustry will be building more efficient new vehicles. We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program.
Cash for Clunkers. There are two bills in the US House of Representatives to give people cash for replacing an old, fuel inefficient vehicle with a new, more efficient, one. “ People were concerned about spending $35,000 for an SUV that seats five, they were saying for $21,000 I can get a sedan that seats five.
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.
Moreover, EVs are not only proving to be more robust amidst an autoindustry in decline, but they are also already displaying some signs of recovery. Data from EV-Volumes shows that this trend can be observed in almost any other country around the world too.
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