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Pennsylvania’s Act 13 of 2012 created a three-year Natural Gas Energy Development Program that will allocate $20 million in grant funds to purchase or convert vehicles to natural gas. The goal of Act 13 is “to help the state’s ongoing effort to move towards energy independence.” Last week, Pennsylvania’s Department of Environmental Protection issued the first $6.7 million of the competitive grant funds to 18 organizations across the state. The grant money comes from Pennsylvania’s drilling impact fee, which has raised $200 million from the gas industry flourishing in the Marcellus Shale. The grants are capped at 50 percent of… [more]
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Advisor
Fuel Freedom Foundation
The recent projections for future energy consumption from Exxon Mobil’s report, “Outlook for Energy,” and the EIA’s “Annual Energy Outlook, 2013” essentially said the same thing concerning the potential for natural gas and its derivative methanol: Natural gas use now is only about 1 percent of the total fuel used in vehicles, and by 2040, it will only rise to 4 percent. This increase will take place in the trucking sector and liquefied natural gas (LNG). Owners of automobiles will not rush to natural gas, because of a lack of pumping stations and the low density of natural gas. Adam… [more]
View InsightA Call to Action: Executive Summary by Herschel Specter President, RBR Consultants, Inc. mhspecter@verizon.net This report is a call to action, and it presents a multi-faceted national energy plan that would address the twin threats of petroleum usage and climate change that pose severe, imminent risk to the U.S. economy, environment and national security. It lays out specific goals and actionable approaches – both low-tech and high-tech – that would allow America to avert this looming crisis. By 2036, implementation of this plan should lead to over $11 trillion (2008) dollars in savings through reduced oil consumption and to the… [more]
View InsightTranscript: “Economics of America’s Oil Dependence” Opening Remarks: WILLIAM SQUADRON, President, OurEnergyPolicy.org REPRESENTATIVE PETER WELCH (D VT), Co Chair, Congressional Peak Oil Caucus REPRESENTATIVE ROSCOE BARTLETT (R MD), Co Chair Congressional Peak Oil Caucus Panel Speakers: THE HONORABLE J. BENNETT JOHNSTON, Retired U.S. Senator from Louisiana; Chairman, Johnston & Associates ROGER BEZDEK, President, Management Information Services, Inc.; Co Author, The Impending World Energy Mess EYAL ARONOFF, Co Founder, Quest Software; Member, Set America Free Coalition Moderator: YOSSIE HOLLANDER, Founder and Chairman, OurEnergyPolicy.org
View InsightNote: Synopses taken from Congressional Research Service summaries. H.R. 1835 & S. 1408 H.R. 1835 S. 1408 Amends the Internal Revenue Code to: allow an excise tax credit through 2027 for alternative fuels and fuel mixtures involving compressed or liquefied natural gas; allow an income tax credit through 2027 for alternative fuel motor vehicles powered by compressed or liquefied natural gas; modify the tax credit percentage for alternative fuel vehicles fueled by natural gas or liquefied natural gas; allow a new tax credit for the production of vehicles fueled by natural gas or liquefied natural gas; and extend through 2027… [more]
View InsightNote: Synopsis based on Our Energy Policy Foundation staff review of Congressional committee and office summaries, third party analyses, and media summaries. Synopsis intended solely for purposes of generating discussion. Greenhouse Gas Reductions Would require certain industries to reduce greenhouse gas emissions below 2005 levels along the following timeline: 4.75% by 2013, 17% by 2020, 42% by 2030, and 83% by 2050. Would institute a cap-and-trade mechanism for greenhouse gas reductions. The cap would include electricity generators, petroleum-based fuel producers, natural gas distributors, producers of certain fluorinated gases, and other sources. Requirements would take effect in 2013 for electricity generators… [more]
View Insight[Note: The statements below are intended solely to stimulate discussion among the Expert community, and do not represent the position of OurEnergyPolicy.org. Text in italics indicates clarification or expansion.] The shift towards natural gas powered vehicles should not be encouraged by any government regulation. This is a tough strategic choice with many pros and cons. Pros The Peak in natural gas is also “around the corner”. There is no point in strategically shifting our transportation sector right into the next peak crisis. The price of natural gas is tied to oil and shifting transportation from oil to natural gas… [more]
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