Friday, March 16, 2018 8:32:06 AM
As a side note class 8 trucks sold in February top almost 17,000 units. Lead times from some manufacturers are over 6 months.
Daniel Gage, president of National Gas Vehicles for America, asked lawmakers March 14 for a five-year extension of alternative fuel tax credits and the alternative fueling infrastructure credit.
The alternative fuel tax credit offers a credit of 50 cents per gallon on alternative fuels such as natural gas, liquefied hydrogen and propane. The alternative fueling infrastructure credit offers a tax credit of 30% for natural gas fueling equipment. Both of these credits expired Dec. 31, 2017.
Gage spoke before lawmakers at a Tax Policy House subcommittee hearing.
“If we want cleaner air we need cleaner trucks,” Gage said at the hearing. “We need federal incentives like these credits to encourage the replacement of aging dirty fleets with clean, zero-emissions-equivalent natural gas powertrains. We at NGVA believe that every child in America can and should awake in a neighborhood with clean air by 2025. Natural gas vehicles get us there.”
NGVA represents various companies, government agencies and environmental groups and supports the use of natural gas as a transportation fuel. Gage stated that vehicles that run on natural gas with Zero Emissions Equivalent technology produce 90% fewer nitrogen oxide emissions.
Gage urged lawmakers to extend these credits into 2022, which he said would offset the cost of new, cleaner trucks and accelerate investment for businesses.
“Natural gas vehicles are powered by American fuel, American technology and American innovation,” Gage said. “Moving forward, our industry needs certainty and deserves parity with other zero emissions equivalent technologies.”
Recent CLNE News
- Clean Energy Announces First Injection of Renewable Natural Gas at Victory Farms Dairy • Business Wire • 04/23/2024 10:30:00 AM
- Clean Energy to Report First Quarter 2024 Financial Results on May 9; Conference Call to Follow at 1:30 p.m. Pacific Time • Business Wire • 04/12/2024 12:00:00 PM
- Clean Energy Appoints Patrick J. Ford to Board of Directors • Business Wire • 03/28/2024 10:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 11:53:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 11:51:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 11:50:25 PM
- Clean Energy Reports Revenue of $106.9 Million and 57.0 Million RNG Gallons Sold for the Fourth Quarter of 2023 • Business Wire • 02/27/2024 09:05:00 PM
- Clean Energy Turns DFW Area into a Renewable Natural Gas Hub • Business Wire • 02/26/2024 11:30:00 AM
- Clean Energy’s Renewable Natural Gas Facility at Marshall Ridge Dairy in Iowa Begins Production • Business Wire • 02/14/2024 11:30:00 AM
- Clean Energy’s Renewable Natural Gas Digester at Tri-Cross Dairy Begins Production • Business Wire • 02/08/2024 11:30:00 AM
- Clean Energy to Report Fourth Quarter 2023 Financial Results on February 27; Conference Call to Follow at 1:30 p.m. Pacific Time • Business Wire • 01/29/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 09:56:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 08:47:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 08:41:21 PM
- Clean Energy Begins Producing Renewable Natural Gas at Latest Project • Business Wire • 01/11/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 11:35:17 AM
- Clean Energy Announces Up to $400 Million in Financing with Stonepeak to Continue Expansion of Renewable Natural Gas Infrastructure • Business Wire • 12/13/2023 11:30:00 AM
- Clean Energy Opens Renewable Natural Gas Fueling Station in Baltimore • Business Wire • 11/21/2023 11:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:16:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 09:10:30 PM
- Clean Energy Reports Revenue of $95.6 Million and 56.7 Million RNG Gallons Sold for the Third Quarter of 2023 • Business Wire • 11/09/2023 09:05:00 PM
- Clean Energy’s First Renewable Natural Gas Facility Begins to Sell Environmental Credits • Business Wire • 10/31/2023 10:30:00 AM
- Food Express Welcomes Truck Equipped with the New Cummins 15-Liter Natural Gas Engine into Fleet • Business Wire • 10/17/2023 10:30:00 AM
- Clean Energy to Report Third Quarter 2023 Financial Results on November 9; Conference Call to Follow at 1:30 p.m. Pacific Time • Business Wire • 10/16/2023 12:30:00 PM
- Clean Energy Shares Up 8.2% on Raymond James's Second Upgrade in Six Months • Dow Jones News • 10/03/2023 04:31:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM