Pounds for Pedals
The new car ‘scrappage’ grant that offers a driver £2,000 off a new car when a 10-year-old vehicle is scrapped should be replaced by a scheme for cyclists, according to a leading bicycle insurer.
The Environmental Transport Association (ETA) is proposing a ‘pounds-for-pedals’ scheme to give cyclists £100 to spend on a new bicycle, but in contrast to the car scrappage grant the traded-in bike would not be destroyed but shipped to the developing world to be re-furbished and re-used.
Director at the ETA, Andrew Davis said; “This would be a boost for the economy, but unlike the ‘cash-for-clunkers’ car scheme, a grant for cyclists would be environmentally friendly.”
Sign the petition
To add your name to an online petition in support of ‘pounds-for-pedals’, which is addressed to Gordon Brown please visit http://petitions.number10.gov.uk/poundsforpedals/
Do I need cycle insurance?
Bikes are vulnerable to theft and in the case of an accident you may need to seek compensation or even deal with a claim by someone else. Cycle insurance from the ETA is fully comprehensive.
At no extra cost, it includes new-for-old replacement, cover for accidental damage, third party insurance, personal accident cover and if you breakdown, we will even come out and recover you and your bike.
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Related cycling articles:
- Cyclists still at risk from HGVs
- Free bicycles for children suggest MPs
- Ultimate bicycle lock to beat thieves
- Fashion for cycling comes to the high street
- Bicycles before batteries
What is the ETA?
The ETA provides cyclists with green breakdown cover and green insurance products. As well as encouraging responsible driving to reduce carbon, the ETA campaigns for sustainable transport.

