A Busy Year for Alt Fuels, Thanks to Congress

by Anya Litvak (Pittsburgh Business Times) Rick Price is gearing up for a busy year, thanks, in part, to Congressional compromise.

As executive director of Pittsburgh Region Clean Cities, a group that works to promote alternative transportation fuels, Price’s job was made a notch easier when the bipartisal fiscal-cliff avoidance deal reinstated tax credits for alternative fuels that expired December 2011.

That means the return of a 50 cent per gallon equivalent tax credit for compressed natural gas, liquified natural gas, and propane, and a $1.01 per gallon credit for cellulosic biofuel.

Also extended through the end of 2013 is a 30 percent tax credit for alternative fuel infrastructure projects — like electric charging stations or natural gas pumping stations. READ MORE