Wants Congress to Back a Better Infrastructure
The words were few but carried some weight, coming as they did from the president of the United States. Mr. Obama, in this week’s State of the Union address, clearly backed the increased use of natural gas as a transportation fuel.
“If extracted safely,” Obama said of natural gas, “it’s the bridge fuel that can power our economy with less of the carbon pollution that causes climate change.
“Businesses plan to invest almost a hundred billion dollars in new factories that use natural gas,” he said. “I’ll cut red tape to help states get those factories built and put folks to work, and this Congress can help by putting people to work building fueling stations that shift more cars and trucks from foreign oil to American natural gas.”
NGVAmerica Has Some Specific Suggestions
“The natural gas vehicle market is growing, but the support of Congress would help accelerate the transition to a transportation fuel that is clean, abundant and domestic,” NGVAmerica president said in a release following the Obama speech. “We are pleased to hear the President encourage the use of clean and affordable domestically produced natural gas in our cars and trucks,” Kolodziej said.
NGVAmerica wants Congress to reinstate the natural gas fuel and infrastructure tax credits that recently expired. The incentives include a 50¢ credit per gasoline gallon equivalent for the sale of natural gas as a motor fuel and a credit for 30% of the cost of installing new natural gas refueling equipment for up to $30,000.
‘All the Above’
“Congress can also accelerate the transition to natural gas by passing legislation to improve the federal excise taxes on the sale of liquefied natural gas and the incremental cost of heavy duty natural gas trucks,” the association said.
Obama also talked up the increased use of solar and other renewables.
“The ‘all the above’ energy strategy I announced a few years ago is working, and today America is closer to energy independence than we have been in decades,” he said.
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Source: White House and NGVAmerica with Fleets & Fuels follow-up