Taxi drivers in Melbourne, Australia who can get their hands on one of 50 hybrid taxi licenses later this year will see some big money savings right away. Thanks to a push by the Victorian government to green up the taxi fleet, the licenses will cost just $1,136 AUD ($1,016 USD); if that sounds like a lot, consider that it's just a sixth of the usual fee. According to Drive.com.au, starting this year, half of Melboure's 100 annual peak cab licenses (for taxis that run between 3 p.m. and 7 a.m.) will be given to hybrid drivers. Victorian Premier John Brumby said that each year, using hybrids instead of standard cabs will reduce CO2 emissions by around 100 tons - oh, and save around $5,000 AUD worth of fuel per car per year.

[Source: Drive.com.au]

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