Sunday, March 25, 2007

A Real Deception

Read this article: http://www.theglobeandmail.com/servlet/story/RTGAM.20070324.wxethanol24/BNStory/National/home you are going to scream!

These cars are going to get a green rebate for running on a fuel made of 85% ethanol, even though this fuel is sold nowhere in Canada. I can understand that Flaherty would want to create a demand for that fuel, but the real effect of his policy will be to nullify the competitive advantage he had just awarded Hybrids.

To put it simply: why would I buy a cheaper Prius when I can buy a cheaper Monte Carlo?

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