(CNSNews.com) – President Barack Obama used a visit to a North Carolina truck manufacturer on Wednesday to announce a $1 billion program to promote electric and other alternative vehicles through tax incentives for consumers and federal grants to states to finance infrastructure to support them.
The “National Community Deployment Challenge” includes incentives for individuals and businesses to buy “advanced cars and trucks” through a $10,000 tax credit – up from the $7,500 allowed under current tax law.
The plan also includes a “Race to the Top” contest that would reward grants to states with “model communities” that invest in the infrastructure to support those vehicles, such as charging stations or natural gas corridors “where alternative fuel trucks can transport goods without using a drop of oil,” the White House Press Fact Sheet on the program states.
7 comments:
Green isn't ready for prime time Obama is an IDIOT. He's in bed with too many white left wing radicals.
Let's give people a $10,000 tax credit so they can purchase a vehicle that will burn them alive!
People should see the devastation that the cost of Obama Juice is costing the RV industry in Florida. It's sad...
obama is "green" and not ready for "primetime".
remember in november "nobama".
They gotta move those microwave ovens.government motors is alive and well making record profits as long as they get a coule billion a yaer in handouts.Even with a $10,000 tax credit they can't move the Volt.Government at it's finest.
When "alternative" costs $18.65 (@$1.67/kwh) in additional electricity and 6 hours or so of time, you're NOT saving a bleaping thing!
Why not get rid of the existing alternative (ethanol) so that everyone's vehicles will automatically get about 2-4 mpg better gas mileage, AND, the price of gas will drop!?
Not to mention the need for some repairs, linked to ethanol, will decrease as well!
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