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Best idea of the week: Bonnie CLAC gives fair car loans for low income people to buy fuel-efficient vehicles

As we've mentioned, it's going to take a loooong while for all of the cars on the road today to be replaced with newer, more fuel efficient models. As people buy newer, cleaner cars, the old ones get sold to other users and they stay on the road. Only after a decade of more of use do most cars make their way to a recycling center or junkyard. The people who buy used cars are, sometimes, people who cannot afford a new vehicle. But, if you're low on cash, then driving an older, less efficient vehicle can eat up more in fuel costs than you'd ... Read more →

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