25 Aug '11, 6pm

Like China, should the US reconsider plug-in tax credits? - Hybrid

Like China, should the US reconsider plug-in tax credits? - Hybrid

Like China, should the US reconsider plug-in tax credits? America needs to Focus on more than plug-ins Could the US achieve more sooner? The latest word coming out of China suggests that significant changes to tax policies for new energy vehicles are coming. Instead, of focusing on plug-ins, China is preparing to incentivize hybrid sales, and other fuel efficient technologies. Should the US consider a similar, and possibly more competitive, policy? For instance, would a $2000 clean vehicle tax credit be better than just a tax credit for plug-in vehicles? For instance, what if all vehicles that achieved at least 40 mpg combined, qualified for a single $2000 tax credit, plug-ins included? While plug-in fans probably wouldn’t be over-joyed, might not overall emissions and foreign oil dependence be reduced much more and much sooner than just relying on plug-ins? And shouldn’t ...

Full article: http://www.hybridcarblog.com/like-china-should-the-us-rec...

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