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Proposed U.S. legislation would provide tax breaks for natural gas vehicles

Posted in : www.depozitul.net

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  Thu, Jul 09 2009, 16:32

2007 Honda Civic GX - Click above for high-res image gallery Senator Robert Menendez (D - NJ) has introduced new legislation to promote natural gas for use in our automobiles. The NAT GAS Act, co-sponsored by U.S. Senate Majority Leader Harry Reid (D - NV) and Senator Orrin Hatch (R - UT), would extend and increase tax credits for vehicles powered by natural gas and the refueling stations needed to fill their tanks. Not surprisingly , T. Boone Pickens (he of the wind farm fail ) is a big supporter of the proposal. Pickens said: This bipartisan legislation does more to reduce our foreign oil dependency crisis than any other piece of legislation in the past 40 years. As I have said many times before and will continue to say, natural gas is cleaner, cheaper, it's abundant and it's American... For too long, our dependence on foreign oil has been one of the factors influencing our foreign policy and if we can eliminate that issue by using our ... http://www.depozitul.net/2009/07/propo...

[More related posts here] tags :  cng ,   compressednaturalgas

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