A friend told me that environmentally friendly "green cars" are more fuel efficient. There is a potential saving of 25% on fuel.
With high prices, we should encourage "green cars" on our roads.
However, there is an obstacle. Due to our tax system, "green cars" cost about $20,000 more than the conventional cars.
With an average monthly consumption of $200 in petrol, the monthly saving is only $50. It will take 30 years to recover the additional cost of the green car.
In the USA, green cars cost about S$5000 more than conventional cars. It will take less than 10 years to recover the investment.
I suggest that our tax system in Sigapore should be reviewed and a lower tax burden be placed on "green cars". This will encourage more people to use "green cars" and save on petrol.
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