Energy legislation introduced this afternoon included a key component of Congressman John Larson's New Alternative Transportation to Give Americans Solutions Act (NAT GAS Act). The bill, Building Our Clean Energy Future Now Act, stresses the importance of converting the transportation sector from diesel fuel to natural gas, and take steps toward improving our energy security.
"The NAT GAS Act sets realistic expectations for how the United States can reduce its dependency on foreign oil by moving towards an increased use of natural gas throughout the transportation sector," Congressman Larson said. "In addition to the environmental benefit, it is important to note that natural gas is abundant, affordable and American. Natural gas is cheaper than diesel fuel and we have enough of a supply in the United States to last more than 100 years."
Under this new legislation, introduced by Congressman David Cicilline (RI-1), individuals and businesses would have access to tax credits up to 80 percent of the incremental cost to purchase heavy-duty and 18- wheel trucks.
Cicilline's legislation is part of a larger, three-part "Clean Energy Jobs Now" plan promoted by House Minority Leader Nancy Pelosi. The other parts include the Taxpayer and Gas Price Relief Act (which also includes NAT GAS Act provisions) and the Increasing American Energy Production Now Act.
The NAT GAS Act enjoys wide bipartisan and bicameral support from over 180 Democrats and Republicans, including the moderate Blue Dog Coalition and President Barack Obama. Additionally, the bill has the support of energy tycoon, T. Boone Pickens, who includes natural gas as part of the "Pickens Plan."