Prime Minister John Howard may be offering drivers a $1,000 (approximately 767 American dollars) incentive to modify their vehicles to use liquid petroleum gas
(LPG or autogas) as part of his energy policy. LPG is less costly than regular petrol (gasoline); Australians would save up to $30 (23 American dollars) weekly after converting their engines.
Originally, the plan included new vehicles
debuting in 2011. Howard's offer would include existing vehicles as well. Staff close to the PM state the plan is one of many still being considered before Howard's announcement later this week. The subsidy may actually be higher than the touted $1,000. Subsidies for ethanol
are also being considered as well.
[Source: The Age, Wikipedia]