Wednesday, August 12, 2009

Cash for Clunkers - Running the Numbers

Cash for Clunkers - Running the Numbers

Christopher R. Knittel at UC Davis runs the numbers on carbon emissions for the cash for clunkers program and finds that they cost about $400 a ton. The CBO estimates a clearing price of $28 a ton under cap and trade.

CfC is a really expensive way of getting rid of CO2.

HT: Coyote Blog

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1 Comments:

Blogger Zion_untd said...

At least we are geting rid of CO2 with style. New rides better for the environment. :)

September 17, 2009 at 12:20:00 AM MST  

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