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Israel Declares “Revolution” Against Gas Guzzlers

Israel declared a “green tax revolution” on Monday, proposing a new customs levy on large vehicles and a rebate for junking older gas-guzzling models. Israeli Finance Minister Yuval Steinitz said he hoped his plan would persuade Israelis to switch to hybrid cars while earning the state up to 400 million shekels ($100 million) a year. [...]

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