"NEW YORK (Reuters) - New York City's yellow taxi fleet now will go green at the rate of 300 new hybrid cars a month, Mayor Michael Bloomberg said on Wednesday, citing an agreement with car-makers to supply the fuel-light cabs.

There are already more than 1,300 hybrid taxis in the city, and each one saves its drivers about $6,500 a year, Taxi and Limousine Commission Chairman Matthew Daus said in a joint statement with the mayor."

Link to entire story .

My Thoughts: I have long believed that public transportation systems should go to alternative fuels and I am delighted to see NYC take the lead in converting taxis.