On August 18, 2009
Cash For Clunkers: What Else Can It Be Used For?
Just about everyone seems to like Cash for Clunkers, the United States government’s offer to buy inefficient old cars if they’re replaced with better models. Despite criticisms that the program doesn’t achieve a huge environmental benefit and ultimately pays at least $237 per ton of carbon dioxide it saves us from emitting, it has provided a chance for success for the car industry in a bad economy and also given one of the largest single-month bumps to average vehicle efficiency that the US has seen. The program also seems to have gotten people thinking about other ways that government incentives can be used, especially to reduce energy usage. Here are a few: Permanent fuel efficiency rebates — Blogger Robert Rapier…
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