spot_imgspot_img

Washington state might create ‘cash for clunkers’ program to subsidize EV sales

spot_img

(The Center Square) – The state of Washington might create a “cash for clunkers” program to subsidize the purchase of electric vehicles and encourage a transition away from high emission gas vehicles.

It’s one of several potential recommendations under consideration by the state Electric Vehicle Advisory Committee to include in an impending Transportation Electrification Strategy update.

The strategy is connected to a state goal of reaching 100% electric vehicle sales by 2030 and is intended to ensure “that electric vehicle incentives and infrastructure are accessible and available to all Washingtonians.”

According to a TES scenario analysis, “ensuring EV purchase prices are affordable is a key lever for reaching sales goals.” The Seattle Times last year reported that the average cost of an electric vehicle is $66,000, while the statewide median household income is $82,000 according to the U.S. Census.

The draft recommendation by the advisory committee would be to offer a per-vehicle “incentive” of $15,000 for a new or used electric vehicle, at the cost of $450 million over 12 years. The goal would be to have 360,000 gas vehicles scrapped and replaced with electric vehicles.

A similar program was created by the federal government in 2008 known as “Cash for Clunkers,” in which participants could receive $4,500 for their old vehicles. The program ended in 2009 after the government spent $3 billion on it.

Advisory group member Susan Baird-Joshi told colleagues at an Aug. 17 meeting that “I’m hoping this dollar amount is more of an incentive for people to actually trade in their vehicle and be able to get a replacement vehicle that they can use.”

However, Northwest Seaport Alliance Environmental Project Manager Niccolo Graham, also an advisory group member, said at the same meeting that port-run truck scrapping programs “can be a huge, huge administrative burden. If we’re talking about 360,00 cars coming their [scrap yards] way, they should be prepared.”

The TES update will be finalized in December. Public comment will be accepted starting in September through October.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

More than $225 million allocated to support rural law enforcement

(The Center Square) – More than $225 million in...

National Adoption Day in WA sees older kids in need of families

(The Center Square) - Saturday Nov. 23, marks the...

Illinois’ pension debt to personal income ratio second worst in nation

(The Center Square) – Illinois’ pension debt compared to...

University System of Georgia to ban DEI, commit to neutrality, teach Constitution

The University System of Georgia’s Board of Regents has...

‘We’re not out of the woods yet’: Seattle budget OK’d amid lurking challenges

(The Center Square) – The Seattle City Council approved...

Jury awaits ex-alderman’s secret recordings of Madigan at corruption trial

(The Center Square) – The bribery and racketeering trial...

Transportation secretary projects high volume of travel

Travel is expected to be high for the Thanksgiving...

More like this
Related

More than $225 million allocated to support rural law enforcement

(The Center Square) – More than $225 million in...

National Adoption Day in WA sees older kids in need of families

(The Center Square) - Saturday Nov. 23, marks the...

Study: Illinois ranked in the bottom half of states in tax competitiveness

(The Center Square) – A new study that the...

Illinois’ pension debt to personal income ratio second worst in nation

(The Center Square) – Illinois’ pension debt compared to...