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    HomeTechnologyGreenTechGas-Powered Vehicle Scrappage Exchange Programs Inspire More EV Sales

    Gas-Powered Vehicle Scrappage Exchange Programs Inspire More EV Sales

    To accelerate the transition of passenger vehicles to electric vehicles (EVs), US senator Chuck Schumer proposed a Clean Cars for America plan in 2019, which outlined a policy that would link an EV purchase subsidy with a vehicle scrappage requirement. Linking a new vehicle purchase choice with a used vehicle scrappage requirement had been adopted before to speed up auto stock turnover. The most memorable of these was the Cash for Clunkers program, which provided cash vouchers for buyers of new cars who chose relatively fuel efficient new vehicles and provided sufficiently low fuel economy used gasoline vehicles to scrap.

    Since the biggest contributor to greenhouse gas (GHG) emissions is transportation, reducing the carbon footprint of transport is crucial in the fight against climate pollution. While the Schumer plan was never enacted, scrappage policies are becoming more common…

    Read the full article originally published at cleantechnica.com.

    CleanTechnica
    CleanTechnicahttps://cleantechnica.com
    CleanTechnica is the #1 site in the US for cleantech news & commentary. Focus on solar energy, wind energy, electric cars, and other clean technologies.
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