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http://ssrn.com/abstract=1766098
 
 

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The 'Cash for Clunkers' Program: A Sustainability Evaluation


Marianne Tyrrell


Vermont Law School

John C. Dernbach


Widener University - School of Law

2011

University of Toledo Law Review, Vol. 42, p. 467, 2011
Widener Law School Legal Studies Research Paper No. 11-08

Abstract:     
This article describes and evaluates the effectiveness of the Consumer Assistance to Recycle and Save Act of 2009, also known as the “Cash for Clunkers” legislation. Under this law, Congress authorized persons trading in older and less fuel-efficient motor vehicles for newer and more fuel-efficient vehicles to receive a voucher worth up to $4,500 toward the purchase of the new vehicle. The article reviews various studies assessing the effectiveness of this legislation based on economic, social, and environmental criteria. It then identifies five key lessons from this legislation: (1) the use of environmental protection to achieve economic development; (2) the importance of reliable sustainability indicators; (3) the potential for citizen engagement to drive improvements in energy efficiency and greenhouse gas reductions; (4) the possibility of rapid change toward sustainability; and (5) the key role of financial sustainability.

Number of Pages in PDF File: 26

Keywords: energy efficiency, energy conservation, climate change, sustainable development, sustainability, energy consumption, greenhouse gas emissions, Consumer Assistance to Recycle and Save Act, “cash for clunkers,” clunkers, fuel efficiency, motor vehicles

JEL Classification: K10, K20, K29, K32, K33, Q20, Q21, Q28, Q30, Q31, Q38, Q40, Q41, Q43, Q48, Q54, Q58, Q01

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Date posted: February 22, 2011 ; Last revised: May 30, 2014

Suggested Citation

Tyrrell, Marianne and Dernbach, John C., The 'Cash for Clunkers' Program: A Sustainability Evaluation (2011). University of Toledo Law Review, Vol. 42, p. 467, 2011; Widener Law School Legal Studies Research Paper No. 11-08. Available at SSRN: http://ssrn.com/abstract=1766098

Contact Information

Marianne Tyrrell
Vermont Law School ( email )
68 North Windsor Street
P.O. Box 60
South Royalton, VT 05068
United States

John C. Dernbach (Contact Author)
Widener University - School of Law ( email )
3800 Vartan Way
P.O. Box 69382
Harrisburg, PA 17106-9382
United States
717-541-1933 (Phone)
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