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Alternative fuels are attracting increased
attention from retailers and consumers, as the
cost of traditional fuels fluctuates. There are
currently about 10,000 alternative fuel stations
in the United States, but that number is expected
Making the switch can be expensive, since many
of these alternative fuels require new distribution
and storage infrastructure. Offering alternative
fuel E85, for example, could require retrofitting
or replacing existing underground storage tank
systems. This is no small investment, with costs
ranging from $40,000 to more than $200,000, so
the tax credit can certainly help.
It’s easy to look at Congress as a persistent villain,
unfriendly to the interests of retailers, but as last year’s
successes demonstrate, that’s not necessarily the case.
Sometimes Congress really is here to help.
Untitled- 3 1 9/22/2016 5:15:33PM
James Scott is a freelance writer based in Washington D.C.