American Clean Skies Foundation Issues Statement On Today's Introduction of the Natural Gas Act of 2009 in the Senate
Posted on: Wednesday, 8 July 2009, 14:52 CDT
This bi-partisan bill provides incentives that will lead to the greater use of domestically produced natural gas as a transportation fuel. It will replace higher-cost and higher emitting gasoline- and diesel-powered vehicles with newer, cleaner, and lower cost natural-gas powered vehicles. This bill, which would increase the manufacturing of natural gas vehicles, will also create American jobs, strengthening the U.S. automotive industry and the overall economy.
Included in the bill are key elements that would: extend the tax credit for natural gas used as a transportation fuel; expand a tax credit for 80 percent of the additional incremental cost when purchasing any dedicated natural gas vehicle and increase the refueling property tax credit from
"We applaud U.S. Senators
The introduction of the NAT GAS Act today in the Senate represents one more major step toward putting one of our most valued natural resources in our country to greater use. The Act proposes that vehicles, especially heavy, medium, and light-duty trucks and buses, run on natural gas.
Natural gas is clean, American and affordable and multiple recent ground-breaking studies have confirmed we have abundant reserves in
The American Clean Skies Foundation is a nonprofit organization whose mission is clean energy and environmental education. The Foundation believes American-made, clean-burning natural gas has a critical role to play in shaping a new energy future for America built on environmentally friendly alternative and renewable energy sources. As part of its activities, the Foundation provides the latest developments and facts on natural gas, clean energy and energy efficiency.
SOURCE American Clean Skies Foundation
Source: PR Newswire
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