Issue Date: March 26, 2012
Senate Nixes Natural Gas Vehicle Subsidies
Legislation that would have provided tax credits for natural gas vehicles and the construction of related infrastructure has gone down to defeat in the Senate. The chemical industry and other manufacturers that consume large quantities of natural gas in their operations campaigned against the proposal. They argued that diverting fuel supplies to the transportation sector would drive up prices just as U.S. manufacturing is beginning to rebound from the recession. “Policies that either constrain domestic . . .
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