Energy Literacy Advocates (ELA) is a non-partisan, non-profit, public education organization working to improve the energy literacy of all sectors of our democracy.

Obama Signs "Cash for Clunkers" Measure Into Law

Friday the "Cash for Clunkers" measure was signed into law by President Barack Obama, becoming the Car Allowance Rebate System (C.A.R.S.) program.

The National Highway Traffic Safety Administration (NHTSA) will oversee the program, and has 30 days to rollout the bill's provisions. $1 billion in initial funding is tied to C.A.R.S., which offers a maximum rebate of $4500 to the consumer.

To learn more about the program through the NHTSA's official website, click here.

Labels: automakers, efficiency, u.s. energy policy

posted by Amanda Voss at 9:09 AM

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