Brookings analysts recommend against repeating cash for clunkers program in future recession
Green Car Congress
NOVEMBER 3, 2013
However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. The program resulted in a reduction of carbon dioxide emissions of only 8.58 Emissions Fuel Efficiency Policy' Cost per job created.
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