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Mar 23, 2009

TRUCKING INDUSTRY NEWS * USA - EPA Offers Grants to Fleets to Help Buy ‘Greener’ Trucks

Washington,DC,USA -Transport Topics, by Frederick Kiel -March 23,2009: -- The Environmental Protection Agency last week launched a program that could give fleet owners up to 25% of a new vehicle’s cost for every diesel truck it replaces with a diesel-electric hybrid, liquefied natural gas or other alternate-fueled engine... Suzanne Ackerman, EPA spokeswoman, said the grants are funded by the $156 million National Clean Diesel Funding Assistance Program, part of the federal economic stimulus legislation... The grants are in addition to federal tax credits of $6,000 to $12,000 per vehicle... Eaton Corp., Kalamazoo, Mich., maker of hybrid power systems used by four major truck manufacturers, said that it has established a program to assist diesel truck fleet owners applying for the EPA grants, which require proof that an existing diesel truck has been taken out of service for each new hybrid purchased...

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