By most measures, the U.S. Cash for Clunkers program has turned into a rousing success story for consumers that happen to qualify for the government’s somewhat arbitrary rules as well as dealers and automakers looking to sell a few more cars. What’s still debatable, though, is how much environmental benefit will really be seen on account of the program.
Speaking at the National Clean Energy Summit in Las Vegas earlier this week, Bill Clinton had a novel suggestion that might help clear up some of the negative stigma associated with the Cash for Clunkers legislation heard among various green crowds: how ’bout a Cash for EVs program?
According to Clinton, Cash for Clunkers “proves that Americans will bite if you make it economical enough.” That being the case, a federal stimulus could be doled out to new car purchasers who are trading fossil fuel-powered cars and trucks in exchange for new electric models. Would it work? Click past the break to take part in our poll.