Mother Earth Living

Cash for Clunkers Program Gets High Marks From Congress

The Cash for Clunkers program would take old cars off the road in exchange for cash.
By Stephanie Nelson
May 2009 Web
Add to My MSN

Cash for Clunkers would take older cars in exchange for a $4,500 car rebate.
Photo By Dave 7/Courtesy Flickr


Content Tools

Related Content

The Basics of Seed Saving

Take greater control over your food sources—and save some money—by learning the basics of seed savin...

Vegetarian Cashew Alfredo Pasta Recipe

Try this tasty vegetarian (and vegan) alfredo for a healthy weeknight dinner.

Organic Pioneers Urge Consumers to Get Mad—and Get Organized—About GMOs

As organic industry leaders urge consumers to take action against GMOs—the biggest threat the indust...

Hummer Runs Out of Gas for Good

GM recently announced that it would discontinue the Hummer after unsuccessfully trying to sell the f...

Cash for Clunkers is a program that takes older cars in exchange for a rebate that consumers can spend on a newer car. President Obama backs the proposed bill and the Senate plans to sponsor comparable programs.   

Congress has reviewed the Cash for Clunkers program since last July and is analyzing the program’s logistics. If the proposed program passes, people who own older cars could receive a $4,500 voucher to purchase a fuel-efficient car. The program is like a stimulus plan for the public with three objectives: reduce pollution, equally distribute cash among different income brackets and assist the car industry by encouraging the sales of new and used cars.

The government would take polluting, old cars off the roads, and scrap the vehicles in exchange for cash. With the exception of well-kept classic cars, many older cars are in decaying condition. California released a study stating that cars 13 years and older are responsible for 25 percent of daily driving; yet, old cars account for 75 percent of the total automobile pollution in the state. Taking old cars off the roads will reduce carbon dioxide emissions, decreasing greenhouse gases.   

Although GM and Chrysler filed for chapter 11 bankruptcy, or financial restructuring, Cash for Clunkers will still help the auto industry. The government will take a clunker and in return the owner will receive a voucher for a new or used car. Congress has not set a maximum car age limit.  

Typically, older cars belong to lower income brackets rather than the wealthy. By purchasing clunkers, the government will give low-income groups the advantage of owning a reliable and fuel-efficient car.  

The program has a few bumps to work out. Congress is currently discussing topics such as the age of the old car and the amount of the voucher and the voting date has yet to be finalized.

More about cars

• Car sharing helps out the environment and your budget. Read about how residents of major citities are participating in car sharing organizations.

• The Kelley Blue Book goes green! Find out how this classic resource is now reaching out to consumers interested in fuel-efficient, sustainable cars.

• The classic British Mini Cooper now comes in an electric version. Read about how the electric car fits into the MINIMALISM Campagin.








Post a comment below.

 


MY COMMUNITY
no image
HarvestRight
8/21/2014 5:22:39 PM
no image
NatureHillsNursery
8/20/2014 10:03:07 AM
no image
NatureHillsNursery
8/20/2014 9:59:22 AM
no image
NatureHillsNursery
8/20/2014 9:30:07 AM
no image
melisastarr
8/19/2014 12:57:22 PM
no image
Peggy McMahan
8/18/2014 11:29:51 AM
no image
lorina21
8/17/2014 10:16:45 PM
no image
lorina21
8/17/2014 10:15:23 PM






Subscribe today and save 58%

First Name: *
Last Name: *
Address: *
City: *
State/Province: *
Zip/Postal Code:*
Country:
Email:*
(* indicates a required item)
Canadian subs: 1 year, (includes postage & GST). Foreign subs: 1 year, . U.S. funds.
Canadian Subscribers - Click Here
Non US and Canadian Subscribers - Click Here

Subscribe to Mother Earth Living!

Welcome to Mother Earth Living, the authority on green lifestyle and design. Each issue of Mother Earth Living features advice to create naturally healthy and nontoxic homes for yourself and your loved ones. With Mother Earth Living by your side, you’ll discover all the best and latest information you want on choosing natural remedies and practicing preventive medicine; cooking with a nutritious and whole-food focus; creating a nontoxic home; and gardening for food, wellness and enjoyment. Subscribe to Mother Earth Living today to get inspired on the art of living wisely and living well.

Save Money & a Few Trees!

Pay now with a credit card and take advantage of our earth-friendly automatic renewal savings plan. You’ll save an additional $5 and get six issues of Mother Earth Living for just $14.95! (Offer valid only in the U.S.)

Or, choose Bill Me and pay just $19.95.