Feebate

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A feebate is a policy to strengthen the market for environmentally preferable vehicles by charging a fee or paying a rebate to purchasers, depending on environmental performance of the vehicles. Policy priorities will shape a feebate: whether it targets greenhouse gas emission, oil consumption, or criteria pollutant emission; the selection of the set of subject vehicles; revenue objectives; manufacturer impacts: and equity.


Contents

His tory of Feebates

Status(2005)

Cunnecticut

A bill was signed directing the Commissioner of Environmental Protection to “develop a plan for the implementation” of a feebate by Governor in June 2005. Based on their emission of greenhouse gases, the plan allows an increase or decrease of up to 3% in the state sales tax on vehicles. The Commissioner is required to consult with stakeholders, including the auto industry, in developing a plan that is to be submitted to the General Assembly by the start of year 2006.

Here is the text of the bill[1]

District of Columbia

Maine

Massashusetts

North Carolina

Rhode Island

Vermont

Canada

E.U.

Manufacturer Impact

Act of Congress

References

[1] VEHICLE EFFICIENCY INCENTIVES: AN UPDATE ON FEEBATES FOR STATES