Cash for Clunkers plan does little for planet
In fact, I never knew that the program was initially aimed to get more fuel efficient cars on the road. I thought that it was to help tanking American car companies. The report says that some of the clunkers got better gas mileage than the new cars. Only in America.
Study: Most deals provided meager gains in mileage
By Ted Bridis • ASSOCIATED PRESS • November 5, 2009
WASHINGTON — The most common deals under the government's $3 billion Cash for Clunkers program, aimed at putting more fuel-efficient cars on the road, replaced old Ford or Chevrolet pickups with new ones that got only marginally better gas mileage, according to an analysis of new federal data by The Associated Press.
"If we're looking for the environmental story here, we're going to be disappointed," said Jeremy Anwyl, chief executive at Edmunds.com, an analyst firm. "It might have started out from the perspective of improving the environment, but it got detoured as a way to stimulate the economy."
The single most common swap — which occurred more than 8,200 times — involved Ford F150 pickup owners who took advantage of a government rebate to trade their old trucks for new Ford F150s.
They were 17 times more likely to buy a new F150 than, say, a Toyota Prius. The fuel economy for the new trucks ranged from 15 mpg to 17 mpg based on engine size and other factors, an improvement of just 1 mpg to 3 mpg over the clunkers.
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