Brookings analysts recommend against repeating cash for clunkers program in future recession
Green Car Congress
NOVEMBER 3, 2013
The program resulted in a small gasoline consumption reduction of 884 to 2,916 million gallons—equivalent to about only 2 to 8 days’ worth of current usage. Paper: Cash for Clunkers: An Evaluation of the Car Allowance Rebate System Policy brief: The Car Allowance Rebate System: Evaluation and Lessons for the Future.
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