From Deseret News archives:
Hatch seeks tax credits for hybrid-car buyers
Coalition says sales need to ratchet up to make a difference
Sen. Orrin Hatch, R-Utah, plans to introduce a bill dubbed the CLEAR Act later this month to provide tax credits for the purchase of hybrids such as the Toyota Prius.
The amount of the credit would vary depending on fuel savings and the type of technology employed, with models that use more advanced technologies and little or no gasoline or other petroleum products eligible for the largest credits.
"The CLEAR Act is just one of several proposals I will be introducing in the next few months to help consumers who are suffering from sticker-shock at the pump," Hatch said Wednesday.
"It's apparent to anybody filling up their tanks right now that we need to encourage the use of alternative fuels, and the CLEAR Act will make a significant impact on reducing our nation's dependency on oil."
A similar plan was included two years ago in the Senate version of legislation to overhaul the nation's energy policies and retained in negotiations with the House. But the plan died when the energy measure ran aground as the result of other issues.
The senator's proposal would cost an estimated $3 billion over six to 10 years. Other alternative-fuel vehicles that use compressed natural gas, primarily ethanol fuel, or hydrogen fuel cells would also qualify for the credits. However, those technologies are far behind hybrids in market penetration.
Since 1999, more than 200,000 hybrids have been sold in the United States. Six hybrid models are currently on the market, with five to eight to be released in the next three years. With gas prices hitting a record high in many parts of the country, including Utah, some dealers are tacking a premium on the sticker price of hybrids.
"Transportation accounts for about two-thirds of the oil consumed in the United States, and we are 97 percent dependent on oil for our transportation needs," Hatch said.
The legislation, he said, would be a big step to making alternative fuels and advanced car technologies possible.
Comments
- BYU looks to improve rebounding 10:37 p.m.
- Utahns growing tired of Bennett 10:36 p.m.
- More depression, STDs in minorities 10:32 p.m.
- Utah population tops 2.8M 10:31 p.m.
- Obama: 'Our security is at stake' 10:29 p.m.
- Laid-off Utahns could lose coverage 10:22 p.m.
- Water year off to dry start 10:21 p.m.
- Philpot may run for Congress 10:20 p.m.
- Correction: Governor's Mansion tour 10:20 p.m.
- Volleyball MVPs 10:19 p.m.
- 2 citations issued at Y.-U. game
- BYU says Hall incident resolved
- Max Hall: a fixture in rivalry lore
- 'Grandfamilies' a growing trend
- Witness: Mitchell wanted attention
- Mitchell called intelligent, controlling
- MWC '09 season in review
- Jazz win 6th in 7 games
- Jazz ready to be without Harpring
- Daughter: Mitchell fed me my pet
- Hall mouths off about hate of Utah
904 - Cougars beat Utes in overtime
482 - Hall reprimanded by MWC
401 - Max Hall issues apology
387 - Hall's pain reflects self-betrayal
347 - Utes won't respond to Hall
275 - BYU says Hall incident resolved
236 - 2 citations issued at Y.-U. game
159 - BYU is champion of the state
143 - Religion in politics is tiresome
128
My husband was teaching his 6th-grade class in Salt Lake last year when...
This guy is just playing the system for all its worth. The singing, the...
Only 44% of the full board voted for him. How can that be any sign of...
Congratulations Roundy! ( And fellow teachers thru out the years). It is SO...
Why is this guy not required to shave, have his hair cut and wear prison...
Hansen Family, I was so moved by the article that I just happened to read...
Bishop Burton gave examples of some things that were "Tweeted" on Twitter...
Sad that a victory can be so empty. That one person can minimize a...
South Summit has the Rydalch boys and Waterford has the Monson boys.
Yes, I understand that Utah Homes & Garden magazine has turned into a...
Scare tatics? maybe not. Whatever the government gives, it can take away....



You can be the first to comment on this story.