Contact: Jennifer Scott (202) 249-6512
WASHINGTON, D.C. (March 13, 2012)
- The American Chemistry Council (ACC) issued the following statement in response to the Menendez/Burr "NAT GAS" Act Amendment (1782) to the Senate Highway Bill (S. 1813), which the Senate today rejected on a vote of 51 - 47. The legislation would have extended tax credits for natural gas vehicles (NGVs) and the construction of related infrastructure.
"Policies that either constrain domestic natural gas supplies or distort natural gas markets put economic growth and job creation at risk, and are flawed from the start. The NAT GAS Act is an expensive and inefficient use of taxpayer dollars and would have disadvantaged manufacturing industries that rely on natural gas.
"We applaud the Senate for refusing to subsidize natural gas vehicles at a time when American taxpayers could have least afforded it and when the economics justify greater utilization of natural gas without new government subsidies. Instead, we should be working towards developing a comprehensive national energy policy that maximizes all our domestic energy sources."
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