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jobs for each million dollars of program costs) than other fiscal stimulus programs, such as increasing unemployment aid, reducing employers’ and employees'' payroll taxes, or allowing the expensing of investment costs. The program resulted in a reduction of carbon dioxide emissions of only 8.58 Emissions Fuel Efficiency Policy'
The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. do not discuss the merits of the program in terms of stimulus. However, the. pollutants.I Economic Impact? Christopher R.
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
Germany’s auto industry and senior officials have called for another “cash for clunkers” program , an initiative that would boost the demand for more sustainable vehicles by offering monetary incentives for people that scrap their fuel-inefficient cars. California and 14 other states, which make up more than ? of the U.S.
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