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2013-03-21

ALTERNATIVE FUELS * USA

* DC - Obama proposes tax credits to promote Natural-Gas use in trucking industry 

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Washington,DC,USA -Transport Topics, by Michele Fuetsch -20 March 2013: -- President Obama has proposed giving those who buy trucks powered by natural gas a 50% tax credit on the price differential between natural-gas and diesel-powered trucks... Trucks that use natural gas can cost at least $40,000 more than trucks powered by diesel... The tax credits are part of Obama’s Energy Security Trust, a comprehensive climate and energy proposal unveiled March 15, the same day he visited the Argonne National Laboratory outside Chicago... Argonne, a nonprofit research laboratory operated by the University of Chicago for the U.S. Department of Energy, is conducting research that could lead to battery-powered trucks...

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