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Car 'Feebate' Under Consideration in California
"This week, the California Assembly is expected to vote on the California Clean Car Discount Act, which, if passed, would be the nation's first 'feebate' law, imposing charges and granting rebates based on a vehicle's emission of carbon dioxide and other gases."
"One-time registration fees of up to $2,500 would be levied on new gas guzzlers, such as Hummers, Dodge Vipers and Chevy Tahoes. Some cleaner sport utility vehicles, pickups and minivans would be exempt from any charge, while the Toyota Prius, Honda Civic, Nissan Sentra and other fuel-efficient cars would get hefty rebates."
"The bill, AB 493, is among a raft of measures under consideration in the Legislature and, behind the scenes, by officials at California's powerful Air Resources Board, to press the auto industry to do its part to fight global warming."