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Obama Encourages Alternative Vehicles

07 Mar 2012  |   Lea Brumfield

President Obama will be outlining a plan to encourage alternative-fuel vehicles later today in the electoral battleground state of North Carolina, according to the White House.

This third energy-focused address in three weeks reflects a serious approach to creating a cleaner, more efficient energy future in the U.S.

The dual-pronged plan is aimed at first manufacturing, and then encouraging use of electric vehicles and other alternative fuels.  It involve $1 billion to “invest in the necessary infrastructure, remove the regulatory barriers, and create the local incentives to support deployment of advanced vehicles at critical mass,” and strong tax credits to encourage commercial use of alternative fuels and household investments in electric vehicles.

Read more about Obama’s alternative vehicles plan at The Hill.

 


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