BofA Subsidizes Hybrid Cars

The Bank of America has started a plan to eventually offer all of it's 175,000 employee's a $3000 rebate when they purchase a new hybrid gas-electric car adding incentive for employee's to purchase these low emissions vehicles. This rebate coupled with tax incentives could give buyers over $6000 to put towards a new hybrid car making these cars much more affordable.

A few other much smaller companies are also offering rebates of up to $5000 and one even a huge $10,000 bonus for employee's so lets hope this sort of thing will happen more in an effort to reduce America's dependence on oil and reduce pollution.

BofA to Offer Hybrid Car Rebates
"Bank of America Corp. plans to roll out a pilot hybrid vehicle purchase plan for employees today that could eventually make it the nation's largest corporate sponsor of the fuel-friendly cars and sport utility vehicles".
latimes.com

# Socially responsible Investing, World News