What would motivate us to buy Hybrid cars – the more we know… Spread the word. By linking to this page, you can help spread the word about the CLEAR ACT. For your convenience, sample code is provided below.
http://www.hybrid-car.org/clear-act-2005.html
We include it here to show how government and business, as well as automakers and consumers, are ALL working together to cement hybrid cars and vehicle technologies into our options and choices:
The CLEAR ACT (Clean Efficient Automobiles Resulting from Advanced Car Technologies Act) is an effort to accelerate the development of eco-friendly automotive technologies and their assimilation into the automotive market by providing strategic tax breaks and incentives to consumers and infrastructure developers.
The purpose of the CLEAR ACT is to "promote cleaner air by reducing the consumption of petroleum and advancing alternate fuels."
The automotive technologies promoted by the CLEAR ACT are those used in fuel cell vehicles, which use compressed hydrogen gas to generate electricity to power an electric motor; hybrid electric vehicles, which use an electric motor to assist a gasoline powered engine; dedicated alternative fuel vehicles, which use alternative fuels such as natural gas, LPG, and LNG to power a combustion engine; and battery electric vehicles, which rely on an onboard rechargeable battery to power an electric motor.
Through the use of the tax incentives detailed below, the CLEAR ACT would lower the major barriers associated with acceptance of alternative fuel technologies; the higher cost of the vehicles, the lack of fueling stations providing alternative fuels, (also known as infrastructure) and the higher cost of alternative fuels.
A $4,000 base tax credit awarded for the purchase of a
fuel cell vehicle, and an additional credit of up to $4,000; depending on the fuel economy performance.
A $1,000 base tax credit awarded for the purchase hybrid electric fuel vehicle, and an additional credit of up to $3,000; depending on fuel economy.
A $2,500 base tax credit awarded for the purchase of a dedicated alternative fuel vehicle, and an additional credit of up to $1,500 for AFV's that achieve a Super Ultra Low Emissions rating.
A $4,000 base tax credit awarded for the purchase of a battery electric vehicle, and an additional credit of up to $2,000 for vehicles with extended range or payload capabilities.
The CLEAR ACT offers a range of credits for medium and heavy duty vehicles. Fuel cell or battery electric medium or heavy duty vehicles earn a tax credit of up to $40,000; medium or heavy alternative fuel vehicles earn a tax credit of up to $32,000; and medium or heavy hybrid electric vehicles earn a tax credit of up to $24,000.
A credit of 50 cents for every gallon of gas equivalent is provided to retail distributors will be provided for 6 years as an incentive.
In addition to the fuel credit, the CLEAR ACT provides a credit of up to $30,000 to assist with the actual costs of installing an alternative fuel site that is available to the public.
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