Finland’s latest cash-for-clunkers scheme hailed a success

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Under Finland’s cash-for-clunkers scheme, a car owner who turns in a high-polluting car that it at least 10 years old to be junked gets a rebate of 1,500-2,500 euros towards the purchase of a new car. (Kai Pfaffenbach/Reuters)
The Finnish government’s cash-for-clunkers campaign, which ends on 31 August, has again turned out to be a success, says the Transport Safety Agency (Trafi).

Figures from Trafi show that by Thursday morning, 6,600 new cars had been purchased under the scheme, which was launched at the beginning of this year.

The government budgeted eight million euros for the programme, which was aimed at taking higher-emission cars off the road. According to Trafi, about 90 percent of the funds have been used so far.

Subsidies for a new car

Under the scheme, a car owner who turns in a high-polluting car that is at least 10 years old to be junked gets a rebate of 1,500-2,500 euros towards the purchase of a new car, depending on the engine type and emissions.

Also as of the start of 2018, anyone who buys or starts a long-term lease of a new fully electric car is eligible for a subsidy of 2,000 euros. That rebate is in effect until 2021.

Finland’s first cash-for-clunkers programme took place in 2015 and ended up being more popular than expected, with 8,000 new cars purchased under the scheme.

Yle reported earlier this month that municipalities spend thousands of euros every year to junk abandoned vehicles left on roads and parking lots.

Related stories from around the North:

Canada: Indigenous community in Northern Canada to offset diesel with solar panels, CBC News

Finland: Finland needs ambitious CO2 emissions cuts to fight climate change, say researchers, Yle News

Norway: Norwegian border guards testing electric bike option, The Independent Barents Observer

Russia: Arctic electric rally hits the road towards Northwestern Russia, The Independent Barents Observer

Sweden: Many cyclists seek Sweden’s government subsidy for electric bikes, Radio Sweden

United States: Alaska’s first, electric public transit bus ready to hit Anchorage streets, Alaska Public Media

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