Flex Fuel Vehicles Auto Industry Ford, Chevrolet, Honda, Toyota, and Nissan

Because transportation is such a large contributor to global warming, both globally and in the United States, climate and energy experts say finding clean alternatives to gasoline is also key to replacing fossil fuels and slowing global warming. Just as there is debate and competing research about which type of alternative transportation fuel should be developed to produce electricity, however, there is also competition among possible new transportation fuels. So far, in the United States, significant funding has been put into two transportation technologies—ethanol and hydrogen fuel cells. Many energy commentators say cars powered by electric batteries are the technology closest to mass production capability, however. (more…)

New Tax Credits For Plug-In Hybrid Electric Vehicle (PHEV)

hybrid car tax
Under both former President Bush and new President Obama, the U.S. government has vowed to reduce reliance on imported oil. The nation is encouraging development of a transportation fleet that uses biofuels, fuel cell vehicles and hybrid electric technologies.

Us Government Program To Reduce Reliance On Imported Oil

To that end, the federal government, in late 2008, put in place new incentives – and extended others – designed to create a strong up-tick in sales of unconventional vehicles. As a result, the U.S. Energy Information Administration anticipates that hybrid cars will grow from 2% of new light-duty vehicles sold in 2007 to 38% by 2030. (more…)