Alternative Fuel Pumps Mandatory by 2018 - GreenHybrid

Jason · #1 (**permalink**) 09-18-2008, 09:43 PM

Quote:

Yeah, we’re still digging through House Resolution 6899 — the Comprehensive American Energy Security and Consumer Protection Act — and guess what we found? While the second section of the bill deals with new offshore drilling, 70 or so sections later, under “Miscellaneous Provisions,” is a requirement that every gas station owned by a major gas company — Shell, BP, etc — add at least one alternative fuel pump by 2018.

“Alternative fuel pump” means any pump that holds natural gas; E85 or a higher concentration of ethanol; biodiesel or renewable diesel; or hydrogen.

If these companies don’t retrofit by 2018, they’ll be fined $100,000 per station. In another section of the bill, there’s a $50,000 tax credit for every station that adds an E85 pump. That credit is good until 2017. So if the companies add E85 it will cost them roughly $50,000 less than any other alternative fuel.

http://blogs.cars.com/kickingtires/2...ative-fue.html

bwilson4web · #2 (**permalink**) 09-20-2008, 05:13 PM

Legislation submitted in a hurry is often full of such Easter Eggs.

Bob Wilson

gumby · #3 (**permalink**) 09-21-2008, 10:25 AM

Like the proposed banking crisis bailout. I hope Congress reads before just voting. From early analyses, it sounds like there are FAR too few amends and costs for the guilty parties.