Word: pricing
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...address the emissions problem directly, we need to look at fuel, not Fords: institute carbon taxes that raise the price of gas. We already know that higher gas prices discourage driving and reduce greenhouse-gas emissions - total vehicle miles traveled in the U.S. declined 3.6% in 2008 compared with the previous year, thanks largely to the sky-high price of gas for much of 2008. (The recession didn't help, but sharp declines in driving began well before the bottom dropped out of the economy.) As gas prices have fallen in 2009, however, driving has begun to tick back...
Americans already pay considerably less than the Europeans and Japanese for gas - it's one of the reasons we've been able to subsidize a wasteful SUV lifestyle for so long. A smart tax would stabilize the price of gas at a high enough level to discourage driving - and it would generate revenue that could be used for a number of green programs, including cash for clunkers. Certainly, efficiency is an important goal - a new report from McKinsey & Co. found that the U.S. economy could save $1.2 trillion through 2020 by investing $520 billion in various efficiency investments - and encouraging...
...Some blocks resemble a World's Fair of bargain grocery stores, places of worship, and trendy bars. Red brick housing projects hide not far away. Even while standing at the base of a solid and impressive historic landmark, the outsider cannot escape feeling the juxtapositions in his gut. Novelist Price enjoys visiting Schiller's in part for the decor, which was taken from old warehouses. One of his comments captures a modern Lower East Side sensibility: "It's all a stage set," he told the New York Times, "and now it's, like, venerable...
...basis of that kit is the Leaf itself, which is expected to go on sale in the U.S., Europe and Japan late next year. Nissan will sell the car for the price of a comparably sized gasoline-powered car, and company officials say it will be cheaper to run. The Leaf's maximum speed is more than 90 m.p.h. (145 km/h) and its range is 100 miles (160 km) on a full charge. A 30-minute quick charge reaches 80% capacity. And with its lithium-ion battery placed under the vehicle floor, the Leaf has room for five people. While...
...Another smart move for Nissan is what Richter calls the "batteries not included" approach. The lithium-ion batteries that power the Leaf are expensive - about $10,000 per car - so Nissan is leasing battery packs to buyers rather than selling them with the EV, reducing the sticker price...