California’s Rebate Blind Spot: Electric Bikes
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It would be smart, and efficient, for California to provide incentives for people to purchase e-bikes
Recent Streetsblog LA posts about Cash for Clunkers
GAO: Economic Recovery Benefits of ‘Cash for Clunkers’ Are ‘Uncertain’
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"Cash for clunkers," the White House’s much-touted program encouraging trade-ins for more fuel-efficient autos, had an "uncertain" impact on economic recovery, according to a new audit from the independent Government Accountability Office (GAO) — largely because it remains unclear how many of the car sales it spurred would have occurred without taxpayer subsidies. Were "clunker" […]
A Common Thread in the Home Buyer’s Tax Credit and ‘Cash for Clunkers’
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Back in the days of "cash for clunkers," which saw the Obama administration send nearly $3 billion in taxpayer-funded rebates to boost the sagging auto industry, our Ryan Avent and several other economics wonks pointed out an inconvenient fact: Many participants in the program would have bought cars anyway, and the rebates only pulled their […]
A Last Word on Cash for Clunkers…We Promise
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One thing the government’s CARS program — a.k.a. "cash for clunkers" — has clearly stimulated is commentary. For a policy involving a shade under $3 billion in federal spending, it has enjoyed no shortage of media coverage. (Photo: Newsday) In part this is because the program looks like a big success, and certainly congressional leaders […]
‘Clunkers’ Consequences: GM Sales Down, Ford Gas-Guzzlers Up
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When Congress tripled the size of the "cash for clunkers" program in July, both Congress and the White House billed the $3 billion program as a boon for struggling domestic automakers. But when those Detroit car companies released sales figures today, the numbers didn’t quite match up to the hype. (Photo: AFP/Getty) General Motors and […]
D.C. City Government Considers “Cash for Close-in Urban Living”
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The nation’s capital is proposing to use money from the Obama administration’s economic stimulus law for a pilot program that would give grants of up to $3,000 for suburban commuters to move closer to transit or their place of work. The interior of a D.C. Metro station. (Photo: PlanetWare) The Live Near Your Work grants […]