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Jun 10, 2009

Taxes * USA - ATA Tells Congress Cap-and-Trade Will Harm Trucking Industry

Arlington,VA,USA -PRNewswire/USNewswire -June 9, 2009: -- The American Trucking Associations (ATA) today told a Congressional Committee that a cap-and-trade program would impose significant costs on the trucking industry and American consumers... Hodges explained that provisions in H.R. 2454's cap-and-trade program grant oil refiners 2 percent of the carbon allowances between 2014 and 2016 to help mitigate refinery Greenhouse Gas emissions... The trucking industry believes that mobile sources, such as commercial trucks, should be addressed differently than traditional stationary sources under any proposed carbon reduction regulatory program... In addition to serving as ATA First Vice Chairman, Tommy Hodges, also serves as Chairman of ATA's Sustainability Task Force, which developed a progressive sustainability agenda that will reduce fuel consumption by 86 billion gallons and CO2 emissions by 900 million tons for all vehicles over the next 10 years by: setting governors on new trucks to limit speeds to no more than 65 mph; reducing the national speed limit to 65 mph for all vehicles; reducing engine idling; reducing congestion by improving highways; using more productive truck combinations; supporting national fuel economy standards for trucks; and increasing fuel efficiency by encouraging participation in the U.S. EPA SmartWay(SM) Transport Partnership Program...

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