On August 27, 2009
Nat-Gas Vehicles, LNG Projects Get a Little Stimulus Money Lovin’ From DOE’s Clean Cities Initiative
The case for natural gas just keeps on picking up steam this summer, even if there are lingering concerns of volatility. The latest boost comes in the form of the Department of Energy’s Clean Cities Grants project, which will provide $300 million in stimulus funds to speed up the transition to alternative fuel and energy efficient cars and trucks. BNET recently wrote about the difficulty of selling the public and lawmakers on the benefits of shifting the country’s power generation systems away from coal and towards the cleaner alternative of natural gas. Price volatility — or the fear of it — has been one of the larger stumbling blocks for folks advocating greater use of natural gas. But perhaps that hurdle is a bit lower…
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