Media Room
U.S. LPG industry asks more clean fuel credits to boost job and economic growth
National Propane Gas Association (NPGA) along with over 300 organisations representing users, retailers, customers, fleet managers, utilities, and producers of clean alternative fuels, including Autogas and natural gas, are circulating a letter on Capitol Hill urging Congress to reinstate the $0.50/gallon alternative fuels tax credit (AFTC).
Noting the importance of private-sector investment to America’s economy, the letter states, “Extending the AFTC promotes increased private-sector investment in infrastructure and equipment, which leads to more jobs and economic output.” Increased utilisation of alternative transportation fuels results in proven environmental benefits and helps promote America’s energy security.
Nearly 200,000 vehicles in the United States are powered by Autogas, including 12,000 school buses that transport more than 700,000 school children every day. A school bus powered by LPG emits 13% fewer GHG emissions than its gasoline counterpart. Autogas vehicles are also much quieter than diesel or gasoline vehicles, which creates a safer environment for drivers and pedestrians.
Rick Roldan, NPGA’s President and CEO said, “This year, the United States will produce more than 20 billion gallons of LPG. We have more than enough LPG to fuel vehicles and heat homes. Congress should support reinstating the AFTC and the use of our domestic natural resources.”
The letter asks Congress to extend the AFTC for two years, highlighting the business planning benefits and notes that a full five-year extension would provide business certainty combined with a significant contribution to America’s economic growth. For more information, please visit this link.
3 January 2018