Tuesday, November 18, 2003

I am inclined to refer you to this, while noting that China is all set to impose tougher fuel economy standards than US!

The approach taken in the US for now seems to give tax credits for puchase of hybrid as well as diesel vehicles. While this does sound like a good step, the financial burdens associated with the tax credits as the sales of more fuel efficient vehicles sour will be significant.

In case you were curious as to how the new energy bill affects the fuel economy standards provision in the US, look here, and skip to page 60.

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