Originally Posted by quentinberg007
WV has a $7500 tax credit for new CNG vehicles. Insane.
That's nothing -
Some states had (key word 'had' because so many people jumped the bandwagon the funds ran out very quickly) green fleets programs where the only thing a vehicle owner would have to do is buy the vehicle, the government would pay for the conversion.
For every $1.00 that Obama, yes, Obama, has approved for 'green fleet' /clean cities program that paid for the conversions in our company, we've produced $4.00 of private company funds. ... the demand will only go up from here.
The amount of jobs produced from the 'natural gas' boom is phenomenal, and it is in the best interests of the federal government to fund this boom as much as possible.
- domestically produced fuel supply
- 100+ years of domestic supplies (of known shale gas deposits)
- alternate natural gas fuel sources are 'replenishable' ie: methane farms, garbage dumps, septic systems with high methane, etc.
- besides high pressure delivery lines and storage cylinders, a conversion requires very little modification to the OEM components of conventional vehicles.
- reduced greenhouse gas emissions
- very little change to range, performance ( on newer vehicle conversions )