US policymakers are rolling out big incentives for electric vehicle buyers who surrender a gas-powered model, advancing efforts to cancel carbon emissions.
And this is exactly why Cash for Clunkers was a failure in every way except for giving a massive handout to the auto industry. Studies showed it had no impact on emissions, or even new sales. All it did was pull ahead existing sales by a few months to a few years.
And this is exactly why Cash for Clunkers was a failure in every way except for giving a massive handout to the auto industry. Studies showed it had no impact on emissions, or even new sales. All it did was pull ahead existing sales by a few months to a few years.