http://news.yahoo.com/why-cash-clunkers … 48694.html
I'm surprised this is a surprise to anyone. It was the first thing that occurred to me when I heard about the scheme - sure, old cars aren't fuel efficient, but making new cars to replace them would surely consume far more energy than was saved? I hadn't even thought about the environmental nightmares caused by disposing of the old cars.
Cash for clunkers was all about keeping the car industry going, and nothing else.
by spiderpam7 years ago
Car Allowance Rebate System (CARS) - Cash for Clunkers BillThe purpose of the bill is to remove older, inefficient cars from the road, and stimulate the auto industry, which has fallen on hard times. A similar program...
by maven1017 years ago
A clunker that travels 12,000 miles a year at 15 mpg uses 800gallons of gas a year.A vehicle that travels 12,000 miles a year at 25 mpg uses 480gallons a year.So, the average Cash for Clunkers transaction will reduce US...
by nicomp really7 years ago
Presenting 3 points to support both sides of the issue.Pro:1. The auto industry is hurting. People aren't buying new cars. Dealerships are closing and cutting back. Cash for Clunkers (C4C) encourages consumers to...
by TimTurner7 years ago
In another failed government attempt, the Cash For Clunkers program was billed as an environmental initiative. It turns out that almost one-third of the $3 billion deals made were swaps of old trucks/SUVS with new...
by TimTurner5 years ago
The stock market has risen about 15% in the last 3 months and about 80% in the last 8 months. Seriously?We are still losing close to 200,000 jobs a month and small businesses are hurting. The economic data...
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