Bloomberg: New York's 'black cars' should go green
Executives expect a certain amount of panache as they travel around the city. If an investment banker or lawyer works late, the company often pays for a ride home – in a late-model Lincoln Town Car or a big black SUV.
Starting next year, those black cars will have a certain green tinge since New York plans to mandate that vehicles that ferry executives get at least 25 miles per gallon. By 2010, they have to get 30 mpg.
Goodbye, Town Car (17 miles per gallon); hello, Toyota Camry hybrid (43 mpg).