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NAFA Urges Action To Restore Federal Tax Credits For Biodiesel And Alternative Fuels
Uncertainty surrounding a pair of alternative fuel incentives is impacting vehicle purchase decisions and fuel planning by many fleets.
"The uncertainty surrounding the incentives is now impacting vehicle purchase decisions and fuel planning by many fleets," explained Russo. "For many fleets, a decision by Congress on extending these important credits is needed quickly so that companies and government agencies can finalize their vehicle acquisitions for the current model year and project fuel costs for the coming year."
The biodiesel credit is reflected in the price a fleet pays for fuel, and thus is a significant factor in projecting fuel costs. However, without the tax incentive, biodiesel is significantly more expensive than conventional diesel fuel – making it more difficult to make the business case for biodiesel. Further, the incentives for propane and natural gas help to offset the higher acquisition cost of alternative fuel vehicles and help to ensure the long-term demand and commercial viability of alternative fuel technologies.
This effort is the latest in NAFA's ongoing mission to look after the interests of fleet managers in the legislative arena. The Association retains legal counsel in both Washington, DC and Ottawa, Canada to fight for the rights of the industry. A monthly newsletter, exclusively sent to NAFA Members, not only tells fleet managers about the changes but does so in simple, easy-to-understand language. In addition to reporting the news, NAFA's legislative team regularly offers the "fleet perspective"
Fleet managers are reminded that they can reach their member of Congress by calling the congressional switchboard at (202) 224-3121 or by visiting the Senate (http://www.senate.gov/
"Nobody fights harder for fleet managers than NAFA," said NAFA Russo. "We are the eyes and the ears of fleet management -- our legislative support is unparalleled."
About NAFA Fleet Management Association
NAFA is the world's premier non-profit association for professionals who manage fleets of sedans, public safety vehicles, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for organizations across the globe. NAFA is the association for the diverse vehicle fleet management profession regardless of organizational type, geographic location or fleet composition. NAFA's Full and Associate Members are responsible for the specification, acquisition, maintenance and repair, fueling, risk management, and remarketing of more than 3.5 million vehicles including in excess of 1.1 million trucks of which 350 thousand are medium- and heavy-duty trucks. For more information visit http://www.nafa.org