Back in 2009, President Obama’s “Cash for Clunkers” program was supposed to be a boon for the environment and the economy. During a limited time, consumers could trade in an old gas-guzzling used car for up to $4,500 cash back towards the purchase of a fuel-efficient new car. It seemed like a win for everyone: the environment, the gasping auto industry and cash-strapped consumers.
Though almost a million people poured into car dealerships eager to exchange their old jalopies for something shiny and new, recent reports indicate the entire program may have actually hurt the environment far more than it helped.
According to E Magazine, the “Clunkers” program, which is officially known as the Car Allowance Rebates System (CARS), produced tons of unnecessary waste while doing little to curb greenhouse gas emissions.
via news.yahoo.com
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ENVIRONMENTAL LEGAL BLOGS: Whoops—'Cash for Clunkers' Actually Hurt the Environment - Yahoo! News
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Posted by: finance essay | March 21, 2013 at 12:39 AM
Old cars will be exchanged by new ones which is using the new efficient-fuel-use.But what will happen to the old cars? They will be trashed of course.So in exchange of new cars, we have produced a lot of wastes that is damaging in our environment.
Posted by: Xero Bookkeeper Sunshine Coast | March 11, 2013 at 05:10 AM
Old cars will be exchanged by new ones which is using the new efficient-fuel-use.But what will happen to the old cars? They will be trashed of course.So in exchange of new cars, we have produced a lot of wastes that is damaging in our environment.
Posted by: MYOB Bookkeepers Sunshine Coast | March 08, 2013 at 05:03 AM
Soooo happy you finally did this! It is bfietauul, fanciful and inspiring just like you! I am so proud of you and I know how lucky I am to have you in my life. Thanks for inviting me along on your journey! ♥ The other Suzie
Posted by: Igoor | March 02, 2013 at 09:32 PM
I'm a new GFC follower.I'm not in scohol..yet. I'm planning on taking computer classes starting after Christmas. I've been a full-time police dispatcher for 24 years now and I'm looking forward to having something to do on the side when I retire in 8 years. I have three sons who graduated from college and now I think it's my turn to get a degree.shel704 at aol dot com
Posted by: Mary | January 17, 2013 at 02:47 AM
I sent birthday email for your dad. Found this blog throguh giveaway scout and love your blog. I don't even know what you are giving away as a prize, and I am not a sewing person, but love looking at fabric arts and crafts. Thank you for the chance.jhbalvin at gmail dot com
Posted by: Sarah | January 17, 2013 at 02:07 AM