A system of charges and rebates whereby energy-efficient or environmentally friendly practices are rewarded while failure to adhere to such practices is penalized.
as modifier a feebate scheme rewards buyers of fuel-efficient cars and penalizes those who purchase gas-guzzlers
Example sentencesExamples
- The best way I know of to encourage more efficient automobile buying habits is called a feebate.
- He proposes a nifty scheme of ‘feebates,‘which would reduce the consumer price of such energy-efficient cars while increasing the price of gas guzzlers.
- Peter Dunne suggested paying people to take older vehicles off the road, and the Greens have suggested barring imports of older vehicles combined with fuel efficiency dependent ‘feebates’ on registration.