Alternative Fuel to be sold at All Gas Stations
The US House of Representative is definitely keen on the possibilities of using alternative fuel in contrast to imported gasoline. As such, they have passed a house bill that aims to provide tax credits and money grants to car manufacturers that are going to create cars running on electricity or biodiesel. As a result, the production of such cars is in full speed ahead, with General Motors confirming the sale of their hybrid car, the Chevy Volt in 2011.
Also included in this bill known as the House Resolution 6899 is a section that mandates gasoline stations to have at least one pump to sell alternative fuel to consumers in every station. The projected implementation date of this bill is in 2018. Major gas stations such as BP and Shell are expected to comply. Alternative fuel would mean natural gas, ethanol, biodesel, or hydrogen.
Should the gas dealers fail to follow this mandate major fines in the amount of $100,000 is going to be bestowed upon them. But looking on the bright side, should the same company choose to add an ethanol or E85 pump in each of their stations, a tax credit worth $50,000 will be granted.
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