NewsWhore
05-27-2008, 05:30 PM
Santiago senator Francisco Dominguez Brito has submitted a bill to the Senate aimed at providing tax credits on the import of eco-friendly hybrid vehicles. Brito's bill proposes a 30% discount on the car's taxes. The vehicles would have to be certified by Customs as qualified hybrid motor vehicles. A hybrid vehicle runs on a combination of petrol and electricity, increasing efficiency and thereby reducing emissions. With fuel prices at a record high, the vehicles would provide consumers with considerable savings on gas. The discount would offset their more expensive selling price. Hybrids are more expensive because of the extra batteries and electronics involved.
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More... (http://www.dr1.com/index.html#2)