Taxes are the other energy-conserving measure adopted by the Singaporean government. In particular, car buyers pay an annual tax that specifically punishes high-powered, gas-guzzling engines. But for every stick there's a carrot: The government awards a lump sum tax rebate of 40% of the price of a vehicle to Singaporeans who opt for hybrids. As any public policy wonk will tell you, tax policy is public policy. In the case of Singapore, the policy message is clear: Gasoline is scarce and expensive — and likely only to become more so. Tax policies that encourage conservation and punish waste just make sense.
In response to by USA Today comment yesterday... sorry I throw pebbles ;-)