Some governments recognize the first fossil recession only as a small insignificant case of malfunction of the fossil economic system, not as a fundamental crisis forcing to rethink.
Replace old scrap cars by new scrap cars
As I was in the 4th class high school, there was a discussion with the main teacher about economy invigoration. Is it good for the economy to destroy windowss with a slingshot? After the discussion, it was clear for everybody, that's a waste of resources. I think every schoolmate realized this.
But governments are extreme realization resistantly. They want to pay a bonus to replace old cars unuseable without crude oil by new cars unuseable without crude oil. But the production of new cars needs much energy.
Difficult to convert
Many technical details make a conversion of a car to an electric drive system difficult. The main obstacles are the power steering and the vacuum servo. Both require an always running combustion engine.
Next oil price explosion
Base on $20 price difference per million barrel over or under production, there had been summer 2008 4 billion barrel not enough production for $70 price. After peak-oil peaked all economy bubbles, the demand decresed presumable by 8 million barrel a day. So much less demand is necessary to reach at falling production the current oil price.
At lasting recession 2011, at an economy up turn already 2010 will the oil price rise quickly again. Renounce for the scrap bonus, hold Your money together to buy later a good car withoug oil dependency.