I chose this specific topic because I believe is in an important topic that should be discussed widely. Use of hybrid or alternative energy vehicles is one of the main goals to be implemented in the climate policy in order to reduce greenhouse gas emissions. Therefore in trust that the government should increase its tax incentives and credits for the purchase of hybrid cars because it is a measure to reduce the number of fuel and gasoline cars on the roads, which pollute the environment contributing to global warming. Another reason for choosing this topic is to inform the public of the benefits of using hybrid cars apart from decreasing carbon dioxide emission. Vehicles that operate on hydrogen from fossil fuel have no sufficient benefit over hybrid cars (Demirdoven " Deutch, 2014). In fact, the price gasoline is quite high therefore making fuel cars quite expensive to maintain. Hybrid cars for example electric vehicles are rechargeable, which means they are cheaper and easier to maintain. Therefore, the government should offer tax credits for the purchase of hybrid or alternative energy vehicles because they are more beneficial than fuel vehicles.
The government should offer tax credits for the purchase of hybrid or alternative energy vehicles
My audience a well-informed group, which is regularly updated by news from the internet, the television and newspapers. It has the will power to make its own independent decision without being manipulated by the media but based on its own research, findings and assumptions of the best options in the market. Most people in my audience are working class thus they are financially able to buy private cars rather than using public means of transport such as trains and buses. Approximately 70% of my audience supports the notion that the government should increase tax incentives to enhance the purchase of hybrid cars but 30% say it is not necessary to do so because it is accustomed to fuel vehicles and find it difficult to adapt to the new technology.
Key sections in this paper include the different forms of tax credits that the government should offer and how these incentives will influence consumers’ adoption of hybrid cars or alternative vehicles. Another key area is the benefits of using hybrid cars to the consumers, the government and the environment. Finally there factors that affect adoption of hybrid cars and different variables that vary from one state to another. For example, there are countries that argue that there are other pending issues the government needs to deal with and programs that require funding in the healthcare, industrial, agricultural or trade sectors thus hybrid cars are less prioritized because they are considered luxurious. However, other States that have climate goals will place more priority in hybrid vehicles because of the impact they will create in reducing greenhouse gas emissions thus addressing the issue of global warming.
Key questions the audience needs to address are the types of incentives and government tax credits that need to be enacted in order to motivate them to adopt hybrid or alternative energy car models (Jenn, Azevedo " Ferreira, 2013). The next question is how the audience will benefit from using hybrid cars. The best place to seek for such answers would be at car dealing stores, which specialize in hybrid and alternative energy car sales. Data can be obtained on variations of sales within the last 10 years or so to come up with a graph of hybrid car adoption within this period and how government tax credits can affect sale of these vehicles.
Apart from cross-sectional analysis, the econometric method can be used to conduct the research (Diamond, 2009). Consumers constantly need motivation to adapt to a new product or new form of technology in the market therefore offering of consumer incentives or tax-credits is a good way to increase consumer adoption to alternative energy cars. I will also organize my research such that participants become my co-researchers. Instead of researching on them, I will conduct my analysis with them thus their views and opinions or feedback will form a big part of my research analysis. For instance, environmentalists will strongly agree to the government offering tax credits for the purchase of alternative energy vehicles to reduce pollution caused by fuel vehicles thus saving the environment. Economists will also strongly agree to the government offering tax credits in order to minimize costs incurred for purchasing gasoline or fuel because alternative energy cars are said to be cheaper to maintain than vehicles that run using fuel. Therefore, the opinion of participants is relevant to the conclusion of this research analysis.
The sources of information I chose for my research include the following:
“The impact of government incentives for hybrid-electric vehicles” by Diamond
The reference describes the effect government tax credits policies on the promotion and adoption of hybrid or alternative vehicles. Methodology applied in the paper involves cross-sectional analysis of alternative vehicle registration information during a certain period in the United States and evaluating how socioeconomic and policy variables influence patterns across different States in U.S. over the years and how different state incentive schemes impact efficacy of the hybrid adoption system. After three analyses, it was concluded that there are strong ties between incentive policies and alternative vehicle but weak ties between incentive policies and alternative vehicle adoption. Government incentives that offer payments directly were noted to produce results that are more significant. I chose this reference because it offers insight into how government incentives affects hybrid adoption in the U.S. The methodology and analyses offer important data on how different States adopt hybrid and alternative energy vehicles depending on the efficiency of State’s incentive schemes and finally how certain variable affect hybrid adoption.
“Hybrid cars now, fuel cell cars later” by Demirdoven and Deutch
This research analysis focuses on comparing the efficiency of hybrid cars against fuel vehicles and their conventional internal combustion engines. Findings of the research are that fuel vehicles, which operate by use of hydrogen fuel from fossil, have no significant energy saving advantage or increased efficiency over the hybrid or alternative energy vehicles being used in an urban setting. Conclusion from this research is that the government and industries should put more priority on hybrid vehicles. I chose this reference source because it offers detailed explanation of why the government should offer more tax credits towards the purchase of hybrid and alternative energy cars.
“The impact of federal incentives on the adoption of hybrid electric vehicles in the United States” by Jenn, Azevedo and Ferreira
Since the year 2004, United States federal government has been offering numerous incentives to citizens in order to enhance the adoption of hybrid and alternative energy vehicles. In this research, the 2005 Energy Policy Act is assessed whether it was effective in producing significant results. The research team utilized econometric methods to collect data between the year 2000 and 2010; lagged sales was the independent variable. The aim of this research was to look into the initial rapid growth caused by enhancement of technology without ignoring the impact of government policy incentives. Results of the research methodology indicated that the 2005 Energy Policy Act increased purchase of hybrid vehicles from 3% to 20% depending on the car model. I chose this source because it shows how hybrid vehicles have been adopted over the years through implementation of proper federal incentives and policies.
References
Diamond, D. (2009). The impact of government incentives for hybrid-electric vehicles: Evidence
from US states. Energy Policy, 37(3), 972-983.
Demirdöven, N., " Deutch, J. (2004). Hybrid cars now, fuel cell cars later. Science, 305(5686),
974-976.
Jenn, A., Azevedo, I. L., " Ferreira, P. (2013). The impact of federal incentives on the adoption
of hybrid electric vehicles in the United States. Energy Economics, 40, 936-942.
