From RMI – “Innovative state or federal policies, such as feebates, can encourage the continuous improvement of fuel economy by charging fees on inefficient new cars and paying corresponding rebates for efficient ones. In its first year of implementation, such a system in France cut inefficient cars’ sales 42% and increased efficient cars’ sales 50%—a stunning validation of an RMI concept suggested in the 1970s.”
Meanwhile Australia just chucks yet another $275M at GM Holden, to continue with big car manufacture, so excited about V8 6litre pushrod(!) engined guzzler which might just comply with Euro3 fuel/emission standard.
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