California's Clean Car Program Would Cut Pollution, Save Drivers Money

A market-based incentive program to reduce global warming emissions from new cars and trucks would cut pollution as much as 33 percent and provide up to $2,500 in lifetime fuel savings for drivers, according to a new study by the University of Michigan's Transportation Research Institute (UMTRI).

The Clean Car Discount program creates a schedule of fees and rebates, collectively known as "feebates," based on the amount of global warming pollution different new vehicles produce.

"Our analysis shows that by harnessing the power of price signals, feebates spur consumers to purchase and manufacturers to produce cleaner vehicles," said Walter McManus, director of UMTRI's Automotive Analysis Division. Read more