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Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., An earlier, separate study by UC Davis transportation economist Christopher Knittel concluded that the US scrappage program paid nearly 10 times the projected price of carbon credits per ton in the best-case scenario to reduce GHG emissions.

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UK new car CO2 emissions fell 3.5% in 2010 and more than 20% since 2000

Green Car Congress

The scrappage scheme, which ended in March 2010, was a significant factor in this trend. The economic and political challenges of high fuel prices, energy security and climate change are shared issues that must be addressed at an international level. An earlier report by the SMMT showed that average new car CO 2 emissions fell 4.7%

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CARB launching second round of Clean Off-Road Equipment Voucher Incentive Project with $130M

Green Car Congress

CORE is part of California Climate Investments, a statewide initiative that puts billions of Cap-and-Trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and the environment — particularly in disadvantaged communities.

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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 subsidy he suggests does not automatically put a new car within reach and in the current climate many won’t qualify for finance to make up the shortfall. Do you think the scrappage scheme should be extended to used cars?

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More international criticism for scrappage schemes

Green Cars News

Yesterday we told you how the scrappage scheme proposals in the USA are coming under fire and today it is the turn of Spain’s scheme to face criticism. The Ecologistas en Accion , one of the country’s most important green groups, is claiming that the scrappage scheme is bad business.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

The sales slowdown is widespread throughout China, according to the IHS analysis of its proprietary province- and city-level forecast, along with the current economic climate. Click to enlarge. Nearly one in four cities (out of 340 monitored by IHS) is reporting declining light vehicle sales.

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Industry experts have their say on scrappage plans

Green Cars News

Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. “To describe this scrappage scheme as environmentally friendly is not just greenwash, it is hogwash. What do you think of the scrappage scheme?