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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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From: da_cheif™3/9/2012 10:31:54 PM
1 Recommendation  Read Replies (2) of 27311
 
whitehouse.gov


"Accelerating deployment of alternative-fuel trucks: The President is proposing a new tax incentive for commercial trucks that provides a credit for 50% of the incremental cost of a dedicated alternative-fuel truck, including trucks powered by natural gas or electricity, for a five-year period. This incentive – paired with support through programs like the Energy Department’s National Clean Fleets Partnership, which provides technical assistance to large company fleets interested in moving toward vehicles that rely on little or no oil – will not only drive down domestic demand for oil, but also drive up demand for the sorts of vehicles built at Freightliner’s Mt. Holly Plant and, in turn, spur job creation in the American manufacturing sector."
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