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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.
The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. A gallon of gasoline creates roughly 20 pounds of carbon dioxide when combusted. However, the. Christopher Knittel. Economic Impact? Christopher R.
Burton Abrams and George Parsons of the University of Delaware evaluated the efficiency of the recently concluded Cash for Clunkers (CARS) program and concluded that the cost exceeds the benefit by approximately $2,000 per vehicle, or close to $1.4 2009) Climate change and health costs of air emissions from biofuels and gasoline.
A study by Michael Sivak and Brandon Schoettle at the University of Michigan’s Transportation Research Institute (UMTRI) concluded that the recently concluded Cash for Clunkers program improved the average fuel economy of all vehicles purchased by 0.6 mpg in July 2009 and 0.7 mpg in August 2009. mpg in July 2009 and 0.7
3435 , which provides $2 billion FY 2009 emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Program (Cash-for-Clunkers, C4C). The loan guarantee program being tapped to provide the cash for the clunkers is critical to bringing next generation biofuels and other renewable energies to the marketplace.
EPA projects advanced transmissions (6+ speeds and CVTs), gasoline direct injection (GDI) systems, and turbocharged engines will be installed on at least 15% of all MY 2013 vehicles. The majority of the emissions and fuel savings from current vehicles, EPA noted, is due to new gasoline vehicle technologies. Click to enlarge.
Gasoline cars account for 85% of cars bought through the scrappage scheme, a higher proportion than in the overall market (39.9%) between May and September. New cars bought through the scheme had average CO 2 emissions of 131.1 g/km CO 2 , 27.4% below the average CO 2 (181.9 g/km CO 2 ) of the scrapped cars.
The US Environmental Protection Agency (EPA) released its annual report summarizing key trends in carbon dioxide emissions, fuel economy, and CO 2 - and fuel economy-related technology for gasoline- and diesel-fueled personal vehicles sold in the United States, from model years (MY) 1975 through 2012. Source: EPA. Click to enlarge.
That can be good if it reduces gasoline use. We want to focus more on driving behavior and how multi-car households drive their vehicles and respond to changes in gasoline prices in the future. What we really wanted to do is see how households are making decisions when they purchase and own more than one vehicle. —David Rapson.
Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes. —Kagawa et al.
Pioneering companies now have designs to turn gasoline- and diesel-powered vehicles into all-electrics or plug-in hybrids, depending on how they’re built and the range their drivers need. We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. We already upgrade our computers.
Interest in hybrids, which are generally more expensive than gasoline-powered vehicles, is higher among those who earn more annually. Americans give mixed reviews to Congress’ “Cash for Clunkers” plan to encourage the purchase of new, more fuel-efficient cars.
A new Rasmussen telephone poll found that 81% of Americans oppose an “ increase the tax on gasoline by a large amount ” as a way to encourage the purchase of more fuel-efficient cars. 15% of men support a big tax increase on gasoline to push sales of fuel-efficient cars, compared to 6% of women.
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