EV&AE(CONGRESS PROPOSES EV & FCEV INCENTIVES, makes automakers HAPPY)-Long

[Bruce {EVangel} Parmenter <BruceDP@iname.com>]

EV&AE(CONGRESS PROPOSES EV & FCEV INCENTIVES, makes automakers
HAPPY)-Long
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 --- {EVangel}
FCEV - Oxy-Fuel News (OXYF) CONGRESS PROPOSES INCENTIVES FOR FUEL
CELL/AFV TECHNOLOGY 06/28/99 (c) 1999 Phillips Business Information,
Inc.

Following the Senate's lead, the House recently introduced a companion
bill to SB 1003 known as the "Alternative Fuels Promotion Act" (see
Oxy-Fuel News 5/17/99). The House companion bill, HR 2252, was
introduced by Dave Camp (R-MI) and Sander Levin (D-MI).  HR 2252 gives
alternative fuels federal tax incentives available during the early
critical years of market development, said Camp. The incentives are
designed to "level the playing field" for the various alternative
fuels, he continued.

The act gives alternative fuel vehicles a host of tax incentives,
including extending the sunset date for the existing federal tax
credit from 2004 to 2010. The credit gives consumers 10% or $4,000 off
the purchase price of an electric or fuel cell vehicle.  Those
vehicles capable of driving over 100 miles between refuelings reap the
benefit of an additional $5,000 tax credit.

The bill also provides a tax deduction for installing fueling
infrastructure of up to $30,000 for new stations. Currently, a
$100,000 tax deduction is available for the cost of purchasing
equipment associated with alternative fueling stations.

The majority of costs for fuel cells and electric vehicles can often
come from the cost of installing infrastructure, said Camp.  This
provision would help cover those costs, he said.  Additionally, a 50
c/gal tax credit, based on energy content, would be allotted to
sellers until the end of 2007 with the hopes that this credit will be
passed onto consumers.  "Federal tax policy can play a critical role
in encouraging the broader use of alternative fuel vehicles," said
John Lynn, CEO of the American Methanol Institute.  --By Kerry
Lenahan
 ===

HEV - PR Newswire (PRN) Statement on Proposed Tax Incentives for
Advanced Vehicles By Josephine S. Cooper, President, Alliance of
Automobile Manufacturers, In Response to Legislation Introduced Today
By Congressman Robert T. Matsui (D-CA-05) 06/29/99 (Copyright (c)
1999, PR Newswire) WASHINGTON, June 29 /PRNewswire/ -- The following
is a statement by Josephine S. Cooper, President of the Alliance of
Automobile Manufacturers:

"The Alliance of Automobile Manufacturers supports the concept of
consumer incentives to offset the high costs of bringing vehicles with
advanced technology to market.  Such consumer incentives include
federal tax credits applied to the purchase of advanced vehicles such
as electric cars, hybrid electric vehicles, and cars with fuel cells. 
These vehicles, with their technological breakthroughs, pose great
benefits for the public by reducing gasoline consumption and thereby
reducing carbon dioxide emissions.  The Alliance and its members look
forward to working with all parties to encourage the rapid deployment
of these promising technologies.

"The Alliance continues to support clean air, clean fuels, and clean
vehicles.  In the last 25 years, the auto industry has done more than
any other sector to improve the quality of our air.  One of the ways
we are continuing this effort is through the voluntary National Low
Emissions Vehicle (NLEV) commitment, a program that achieves greater
vehicle emissions reductions than are currently required.

"The Alliance also continues to support the merits of our Tier II
proposal, a 10-year strategy for even cleaner vehicles and cleaner
fuels that is based on sound science and advanced technology. 
However, we need near zero sulfur fuels to reach the clean air goals
since sulfur in gasoline cancels out the benefits of advanced
technology.

"Clearly, automakers are committed to fuel efficiency, to advancing
technology, and to meeting consumer expectations." /CONTACT:  Gloria
Bergquist of Alliance of Automobile Manufacturers, 202-326-5596/ 
 ===

HEV - PR Newswire (PRN) Ford Welcomes Advance Vehicle Tax Credits
06/29/99 (Copyright (c) 1999, PR Newswire)

WASHINGTON, June 29 /PRNewswire/ -- Representative Robert T. Matsui
(D-5th -CA) introduced legislation that would give up to $4,000 in
consumer tax credits for electric vehicles and fuel cell-powered
vehicles and from $500 to $4,000 for hybrid vehicles until 2007.

The following can be attributed to Janet Mullins, vice president,
Washington Affairs, Ford Motor Company: We welcome this legislation,
and commend the administration for working with the automotive
industry to find solutions for environmental issues that work for
consumers.  This legislation complements research efforts underway
between the government and industry to encourage quick development of
advanced technologies while reducing the cost premium for consumers. 
At Ford, we continue to invest more than 50 percent of our annual
research and development funds into environmental initiatives.  Ford's
TH!NK and Ranger electric vehicles and fuel-celled and hybrid vehicles
under development should all qualify for the tax credits outlined in
this legislation.
/CONTACT:  Tom Hoyt of Ford Motor Company, 313-317-9075/ 15:58 EDT
 ===

HEV - PR Newswire (PRN) Media Statement to Respond to the Introduction
Of The Matsui Tax Incentive Bill 06/29/99 (Copyright (c) 1999, PR
Newswire)

This statement is attributable to Bernard Robertson, Senior Vice
President, Engineering and Technology, DaimlerChrysler:
DaimlerChrysler supports the Matsui legislation and the
Administration's efforts to provide tax incentives that will help
bring cleaner, more fuel-efficient vehicles to market.  While all auto
manufacturers are in a competitive race to bring these new
technologies to market, incentives will help create more sales volume,
and thus better economies of scale. This in turn will help make
electric and hybrid vehicles more affordable for fleet and retail
customers.  CONTACT:  Nicole Solomon, 202-414-6709, or Devon Williams,
202-414-6734, both of DaimlerChrysler 15:50 EDT
 ===

Ford Welcomes Advance Vehicle Tax Credits
WASHINGTON, June 29 /PRNewswire/ -- Representative Robert T. Matsui
(D-5th -CA) introduced legislation that would give up to $4,000 in
consumer tax credits for electric vehicles and fuel cell-powered
vehicles and from $500 to $4,000 for hybrid vehicles until 2007.

The following can be attributed to Janet Mullins, vice president,
Washington Affairs, Ford Motor Company:

We welcome this legislation, and commend the administration for
working with the automotive industry to find solutions for
environmental issues that work for consumers.  This legislation
complements research efforts underway between the government and
industry to encourage quick development of advanced technologies while
reducing the cost premium for consumers.  At Ford, we continue to
invest more than 50 percent of our annual research and development
funds into environmental initiatives.  Ford's TH!NK and Ranger
electric vehicles and fuel-celled and hybrid vehicles under
development should all qualify for the tax credits outlined in this
legislation.
SOURCE  Ford Motor Company CO:  Ford Motor Company ST:  Virginia,
California IN:  AUT ENV SU:  LEG
 ...
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Tel# 415-543-7800, 71 Stevenson, Suite 1120, SF, CA 94105 USA
Please provide your name, company, city and state so we can direct
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 ---
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