Hybrid Cars, On The House

November, 2004

Nathan Glasgow of Colorado's Rocky Mountain Institute, a think-and-do tank, has been analyzing carrot-and-stick programs--called feebates--that could get virtually every American driver behind the wheel of a fuel-efficient car quickly and cheaply.Q: Why are they called feebates?A: Under this government-administered system, if you buy an efficient car, you get a rebate. If you buy a gas guzzler, you pay a fee. Both would be on a sliding scale according to each car's fuel efficiency. The fees pay...