United States Department of Transportation
i
Alternative motor fuels and vehicles : impact on the transportation sector
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2001-07-10
[PDF-171.63 KB]
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Abstract:This is the statement of Jim Wells, Director, Natural Resources and Environment before the Committee on Finance, U.S. Senate on alternative motor fuels and vehicles and related tax incentives. The testimony discusses the extent of alternative fuel vehicle acquisition and fuel use, some of the barriers inhibiting greater use of alternative fuels and vehicles, and the federal tax incentives utilized to promote the use of alternative motor fuels and vehicles. Limited progress has been made in increasing the numbers of alternative fuel vehicles in the national fleet and the use of alternative fuels, relative to conventional fuel vehicles and gasoline and diesel. Alternative fuel vehicles accounted for about 0.4% of all vehicles in the United States in 1999. Barriers which have impeded the American public's acquisition of alternative fuel vehicles and the use of alternative motor fuels include the relatively low price of oil, insufficient availability of alternative fuel refueling infrastructure, and the relatively higher cost of certain alternative fuel vehicles. To promote increased use of alternative fuels and vehicles in the transportation sector, Congress has supported and enacted certain tax incentives. However, these amounts comprise only a small share of the total transportation tax incentives over the years, much of which has been devoted to conventional fuels.
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