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Singapore introducing stiff new feebate scheme for low carbon cars

Green Car Congress

Singapore will implement a new Carbon Emissions-Based Vehicle Scheme (CEV) on 1 January 2012, providing rebates to qualified new cars, taxis, and imported used cars with low carbon emissions, and imposing an equivalent surcharge on higher emitting vehicles.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

Given the specific barriers, suggests author Andrea Beltramello, there is a role for government to support the development and diffusion of green vehicles, including through policies to strengthen the markets for green cars. —“Market Development for Green Cars”. Today, the OECD has 34 member countries.).

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

The report, titled “Drive Green 2020: More Hope than Reality” considers various factors affecting the future potential for “greenvehicles in the world’s largest automotive markets. A coordinated government policy to encourage consumers to purchase these vehicles. —“Drive Green 2020: More Hope than Reality”.

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