Car Scrappage Scheme (1)

Meeting: 
MQT on 2014-10-22
Session date: 
October 22, 2014
Reference: 
2014/3909
Question By: 
Murad Qureshi
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

How did you calculate the figure of £300m as the potential cost of this scheme?

Answer

Answer for Car Scrappage Scheme (1)

Answer for Car Scrappage Scheme (1)

Answered By: 
The Mayor

The £300 million figure is based on the initial budget for the last car scrappage scheme delivered by the Government between 2009 and 2010.

£300 million would support the replacement of between 150,000 and 300,000 diesel cars, depending on the value of the grant offered.