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Tuesday, September 10, 2019 1:59:28 PM
The transportation infrastructure bill long promised by President Trump and Congress was finally introduced in the Senate on Monday—and it may include some money for electric cars.
The bill, called America's Transportation Infrastructure Act of 2019, proposes to spend $287 billion on transportation projects over the next five years, and up to $1 billion of that could go toward projects favoring clean transportation.
The infrastructure package is one of the few places that Democrats and Republicans in Washington might be able to find common ground.
As proposed, it includes up to $1 billion for states to build "alternative-fuel" infrastructure. That could include funding for hydrogen, natural gas, ethanol, or even biodiesel stations or other infrastructure. With more than 2 million electric cars on the roads today, compared with fewer than 200,000 natural gas cars and barely 5,000 hydrogen vehicles, however, most of that money seems more likely to be spent on public electric-car charging stations.
Electric Vehicles are going mainstream quickly. To get the best benefit from this as an investor, invest in Australian Mines now at bargain basement prices.
https://www.greencarreports.com/news/1124310_senate-bill-includes-up-to-1b-for-clean-car-infrastructure
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