12 June 2012
Alternative Fuel and Advanced Vehicle Technology Incentives
A Summary of Federal Programs
This document summarizes US federal initiatives to incentivize the research, development and use of alternative and advanced fuel technologies. A wide array of federal incentives support the development and deployment of alternatives to conventional fuels and engines in transportation. These incentives include tax deductions and credits for vehicle purchases and the installation of refueling systems, federal grants for conversion of older vehicles to newer technologies, mandates for the use of biofuels, and incentives for manufacturers to produce alternative fuel vehicles. The initiatives aim to improve the quality of the environment, expand domestic manufacturing, and promote agricultural and rural development.
Lynn J Cunningham, Beth A Roberts, Bill Canis, Brent D Yacobucci
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