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Feebates: A Legislative Option to Encourage Continuous Improvements to Automobile Efficiency

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The purpose of this paper is to provide information about feebates. This paper discusses what a feebate is, why Rocky Mountain Institute (RMI) believes a feebate is a valuable tool, recent analysis that RMI had done on feebates, what the current status of the feebate is and how the feebate could interact with existing laws.