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"Cash for Clunkers" will pay airlines to scrap old and inefficient planes

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Despite the push for electric energy, many gas-powered inefficient jetliners will remain in use for years, but a new program called "cash for clunkers" looks to pay airlines to scrap old planes to reduce carbon emissions. 

To hear more, KCBS Radio's Patti Reising was joined by Jan Brueckner, UC Irvine professor of economics who worked on this project.

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