Go green … or your employer may tax you.

Excerpted from Business Week,”Steering Workers Into the Green Lane”, Oct 27, 2008

Employers are getting more eco-car conscious. And not just new-guard and crunchy-granola companies like Google, Ben & Jerry’s, and Timberland.

Health-care company Abbott Laboratories, which provides its sales staff with some 6,000 vehicles, is revamping its mileage-­reimbursement rules as part of a bid to make its fleet more carbon neutral.

Now, all sales reps reimburse Abbott for personal use of company cars at 17.3¢ a mile. But starting in January 2009, those choosing SUVs instead of sedans will pay 72.3¢.

The new “tax” appears to be working. With 75% of orders in for about 2,000 new vehicles, 48% of reps are requesting sedans, vs. 25% for 2008. SUV orders are at 29%, down from 44%. Hybrids? At 18%, up from 6%.

Full article:
http://images.businessweek.com/ss/08/10/1016_btw/6.htm

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