Wednesday, July 8, 2009

American Clean Skies Foundation Issues Statement On Today's Introduction of the Natural Gas Act of 2009 in the Senate

/PRNewswire/ -- The American Clean Skies Foundation, a nonprofit organization based in Washington, D.C. whose mission is clean energy and environmental education, issued the statement below in conjunction with the introduction of the historic NAT GAS Act of 2009 in the Senate by U.S. Senators Robert Menendez (D-N.J.) and Orrin Hatch (R-Utah). A companion House bill was introduced in April 2009 by Congressmen John Larson (D-Conn.), Dan Boren (D-Okla.) and John Sullivan (R-Okla.).

This bi-partisan bill provides incentives that will lead to the greater use of domestically produced natural gas as a transportation fuel. It will replace higher-cost and higher emitting gasoline- and diesel-powered vehicles with newer, cleaner, and lower cost natural-gas powered vehicles. This bill, which would increase the manufacturing of natural gas vehicles, will also create American jobs, strengthening the U.S. automotive industry and the overall economy.

Included in the bill are key elements that would: extend the tax credit for natural gas used as a transportation fuel; expand a tax credit for 80 percent of the additional incremental cost when purchasing any dedicated natural gas vehicle and increase the refueling property tax credit from $50,000 to $100,000 per station; create incentives for manufacturers to sell natural gas vehicles in the United States; and require that a percentage of the vehicles the federal government buys over the next five years run on natural gas.

"We applaud U.S. Senators Robert Menendez and Orrin Hatch for introducing the New Alternative Transportation to Give Americans Solutions Act (NAT GAS Act) today. We appreciate their leadership, along with Senate Majority Leader Harry Reid, for recognizing the critically important role American-produced, clean-burning natural gas can play in helping reduce carbon emissions. This bill addresses our country's economic and security priorities in a way that benefits all Americans.

The introduction of the NAT GAS Act today in the Senate represents one more major step toward putting one of our most valued natural resources in our country to greater use. The Act proposes that vehicles, especially heavy, medium, and light-duty trucks and buses, run on natural gas.

Natural gas is clean, American and affordable and multiple recent ground-breaking studies have confirmed we have abundant reserves in the United States to power our economy for decades to come. This legislation lays the groundwork to begin reducing our troublesome dependence on foreign oil and puts America on track towards a more promising energy future. No energy source can do more for America's environment and economy in the immediate future than natural gas."

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