Thursday, August 27, 2009

Funding for alternative fuel vehicles in the US

Funding for alternative-fuel vehicles in the US
Energy Secretary Steven Chu on Wednesday presented a $300 million program to simultaneously boost green transport and the lagging US auto industry.
Michael von Bülow 27/08/2009 01:15The US Energy Department on Wednesday presented a $300 million program to help communities buy alternative-fuel vehicles.The funding is intended to pay for more than 9,000 alternative-fuel and energy-efficient vehicles. The establishment of 542 fueling and recharging stations is also part of the program.Energy Secretary Steven Chu said the vehicles will mostly be American made, providing a boost to the lagging US auto and manufacturing industries."By changing how we drive, we are actually driving economic recovery," he said.The funding is provided by the US government’s economic stimulus package.
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Reuters: U.S. grants $300 million for alternative fuel vehicles

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