GREY:XEBEQ - Post by User
Post by
bmbruceon Jul 29, 2022 9:42am
198 Views
Post# 34859675
Bipartisan Senate Bill Supporting RNG Tax Credit
Bipartisan Senate Bill Supporting RNG Tax Creditthis passed under the radar but it's significant..
Clean Energy Applauds Bipartisan Senate Bill Supporting Renewable Natural Gas Tax Credit to Help Fight Climate Change Business Wire - Thu Jul 21, 5:30AM CDT
"Senators Richard Burr (R) from North Carolina and Mark Warner (D) from Virginia introduced today the Renewable Natural Gas Incentive Act of 2022 in the United States Senate, which provides a $1 per gallon tax credit for renewable natural gas (RNG) used as a transportation fuel. Andrew J. Littlefair, CEO and president of Clean Energy Fuels Corp. (NASDAQ: CLNE), the countrys largest provider of RNG, issued a statement in support of the bill: Renewable natural gas is gaining momentum as a transportation fuel because it tackles the issue of climate change immediately and cost effectively. Large fleets like UPS, Amazon, Waste Management and the transit agencies in New York City and LA are operating tens of thousands of vehicles every day with it. But more should be done to encourage the use of this incredibly clean fuel and this legislation introduced by Senators Warner and Burr does that"....
https://www.theglobeandmail.com/investing/markets/markets-news/Business%20Wire/9252324/clean-energy-applauds-bipartisan-senate-bill-supporting-renewable-natural-gas-tax-credit-to-help-fight-climate-change/