Hybrid vehicles are effectively powered by combining a petrol/diesel engine with an electric motor. This type of vehicle, therefore, consumes less fuel and cause fewer carbon emissions than the conventional petrol or diesel-engined vehicle currently driven in the BVI.
Speaking the House of Assembly this week, the Premier said this soon-to-be-implemented policy on imports is one of the incentives that will be given to facilitate the process of the BVI going ‘green’.
He said: “A package of incentives is being worked on which would feature zero tax on the import of clean energy systems such as solar and wind power generation equipment and hybrid vehicles”.
“This will reduce the BVI’s carbon footprint, harness our renewable resources, and save citizens and the government millions of dollars that are presently being spent on imported fossil fuels,” Fahie added.
“Additionally, the potential exists for citizens who generate their own electricity to earn money by selling excess power back to the power grid. We will also explore options for encouraging motorists to switch from the traditional petrol and diesel to liquified petroleum gas which is a lot cheaper and more environmentally friendly,” he further said.