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New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

Subsidies for low carbon cars are likely to be effective, because the evidence is that people tend to discount long run costs. Circulation and fuel taxes combined with ‘scrappage’ subsidies may be able to deliver this goal if combined with information and education. But there is a bigger picture.

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Scrappage scheme faces more criticism

Green Cars News

How much will the UK’s vehicle scrappage scheme help car buyers? The scheme, which sees motorists buying a new car rewarded with a £2,000 subsidy if they trade in a vehicle over 10 years old that they have owned for at least 12 months is made up of £1,000 from the Government and an equal amount from the manufacturer.

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Spain extends scrappage scheme

Green Cars News

Spain has decided to extend its version of the scrappage scheme, to continue support for car industry. Under the Spanish system, motorists can buy a new or used car up to five years old by scrapping a [.]. Tags: Green credentials C02 car buying extend fund incentive scheme scrappage Spain.

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Scrappage scheme deemed a success

Green Cars News

Though it has faced a barrage of criticism since its inception earlier this month, it would appear that the Government’s scrappage scheme has proved popular with consumers. This means that roughly one in every five new cars ordered in this period makes the most of the scrappage scheme. Leave a comment with your thoughts.

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Green car incentives coming to Israel

Green Cars News

The eagerness to reward green car buyers for their purchases now looks likely to extend to Israel, where the finance ministry is planning new regulations on car purchasing according to Reuters. It is expected that the cars with the highest fuel consumption levels, such as SUVs, will face increased taxes and duties.

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Facts about the scrappage scheme

Green Cars News

As we continue our Budget 2009 coverage here at TheGreenCarWebsite.co.uk, we thought we’d break down the scrappage scheme into bite-size pieces showing you exactly how it works and who will qualify. Car manufacturers are NOT obliged to participate - their involvement is voluntary. -

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Proposed scrappage scheme meets criticism

Green Cars News

The scrappage scheme is only a few days old here in the UK and it has already come under fire. 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. Leave a comment with your thoughts.