France had one of Europe's most ambitious "cash for clunkers" plan, but the fun will end in the new year. Starting January 1st, France's program will only pay out the largest award – €1,000 – to buyers of just one model: the smart fortwo cdi. The reason can be found at the tailpipe.
Co2 Based Tax
Although motorbikes can pollute less than cars, they still have a carbon footprint. In some European cities - Milan, Rome and Barcelona, for example - there are more two-wheeled vehicles than cars, and all those smaller footprints add up. Spain has decided to do something about the emissions from these scooters by adding a registration tax based on their CO2 numbers, like cars. How does the system work?
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