GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins
Green Car Congress
NOVEMBER 8, 2013
Alternatively, a feebate type approach, with subsidies given to PEVs and other low-carbon, fuel efficient vehicles and a tax on higher fuel-consuming cars (and a still higher tax on extreme “gas guzzlers”) that averages $500 per taxed car to pay for the PEV subsidies would certainly be possible. per liter ($0.26/gallon
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