Cash for Clunkers
On July 24th, 2009 the Car Allowance Rebate System (CARS), commonly known as "Cash for Clunkers," began processing rebate claims. The $1 billion appropriated for the system was exhausted just SIX days later.
This simulation explores an alternative program that is self-sustaining AND reduces automobile emissions.
Using a combination of fees and rebates this program can finance itself (no emergency appropriations from Congress), reduce gasoline consumption (putting cash back in consumer's pockets), AND contribute to cleaner air for us all!
- Cash_for_Clunkers.itmx (632.52 Kb)
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