Hybrid trucks: More proof its time to fire Congress?
FedEx would go hybrid crazy - with government helpSo, tax credits for Toyota's hybrid vehicles are completely expired. Yet, even though a Rand study has shown that hybrids provide far more social benefits than E85, government subsidies for corn-based ethanol continue to increase. Who cares that hybrid tax credits could help put millions of fuel efficient, socially-beneficial hybrids on the road while encouraging technological competition and making the technology cheaper for even millions more buyers?
Sadly, the government isn't just blowing it on small hybrids, but on large hybrid trucks and buses.
"If we can get hybrid trucks at the same premium that hybrid cars are at ... the manufacturers will be able to sell as many as they can make," John Formisano, vice president for global vehicles of package delivery company FedEx, told Reuters.
Congress still provides large, uncapped tax credits for small businesses to buy the worst gas-guzzlers on the market, but it can't help large businesses save millions, even billions, of gallons of fuel? What's wrong, not enough pork?
Labels: Hybrid Vehicles, tax credits



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