Obama: “electricity, biofuels or natural gas, we’ll help you cut through the red tape and build fueling stations.”

March 9, 2012 |

In North Carolina, speaking at the Daimler Trucks North America facility in Mount Holly, President Obama made the following statement:

“To cities and towns all across the country, what we’re going to say is, if you make a commitment to buy more advanced vehicles for your community — whether they run on electricity or biofuels or natural gas — we’ll help you cut through the red tape and build fueling stations nearby.  And we’ll offer tax breaks to families that buy these cars, companies that buy alternative fuel trucks like the ones that are made right here at Mount Holly. So we’re going to give communities across the country more of an incentive to make the shift to more energy-efficient cars.”

According to the White House Blog, this is part of a $1 billion fund designed to promote the use of energy efficient vehicles.

Category: Policy

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