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One of Spain's most important green groups is claiming that scrappage (aka cash for clunkers) schemes, such as the new one in Spain, are bad business. According to Ecologistas en Acción, driving a car is not only bad for the environment, but it's also bad for administrations expecting to reap big paybacks. The ecologists claim that three studies - one in Spain, one in France and one in Germany - state clearly that investing money in mass transit systems returns twice the yield than money

Following the in the successful footsteps of France's €1,500, Germany's €2,500 and Britain's £2,000 vehicle scrapping programs, Spain's Prime Minister José Luis Rodríguez Zapatero has announced a €2,000 scrappage plan to stimulate that country's auto industry and remove old cars from Spanish roads. Under the plan, the Spanish government will throw in €500 if the country's many regions match that figure and automakers add €1,000 more. This means that a