You may be aware of the recent and rather innovative green initiative the Obama administration put forward this summer: the Car Allowance Rebate System (cars), colloquially known as the Cash for Clunkers program, in which owners of old, gas guzzling cars bring their clunkers in and get a rebate on a brand new and more efficient model.  The program was meant to run from July 1st through November of this year, 2009, but ran out of funding due to its popularity.  Last week, $2 billion of federal incentives were added to the previously $1 billion program.  Continue reading →