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Old 12-07-2007, 11:18 AM   #1 (permalink)
MetroMPG
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Article: France plans Feebate based on CO2; $7,300 bonus for EV's

Looks like France watched what happened with Canada's EcoAuto FeeBate program, and decided to improve on it:

Quote:
Under the scheme, a bonus will be paid to purchasers of new passenger cars emitting less than 130 g CO2/km, which now represents about 30% of sales. The bonus will be supplemented by an extra payment when the acquisition of the vehicle is accompanied by the scrapping of a vehicle that is more than 15 years old.

Conversely, buyers of new vehicles that emit more than 160 g CO2/km will pay a penalty. This will affect approximately 25% of new vehicles sold.

Buyers of vehicles emitting between 130-160g CO2 will not receive a bonus nor will they pay a tax. This “neutral zone” will apply to about 45% of vehicle purchases.

The payments and the penalties are based on a sliding scale—the less (or more) carbon dioxide emitted, the greater the payment or penalty, respectively. The threshold points for payments or penalties will advance 5 g CO2/km every two years to encourage ongoing development efforts.
source: Green Car Congress

France's proposed program makes Canada's program look like it was penned by a couple of grade-schoolers. France's is much fairer to the automakers (sliding scale of thresholds without the massive steps in rebate/tax amounts found in the Canadian system; incentive to replace older vehicles - something the CDN lobby has been clamouring for).

On the other hand, the carrots and sticks for consumers are much better designed as well.

I also like this:

Quote:
"The threshold points for payments or penalties will advance 5 g CO2/km every two years to encourage ongoing development efforts."


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