$25 Billion in US budget savings from switching federal freight shipments to carriers using alternative fuels

A new report from a Washington, DC, energy policy group urges the federal government to begin allocating its US$150 billion budget for transport services to carriers that fuel their fleets on domestically produced natural gas, electricity, biofuels and other alternatives to diesel and gasoline.
August 3, 2012 Read time: 2 mins
A new report from a Washington, DC, energy policy group urges the federal government to begin allocating its US$150 billion budget for transport services to carriers that fuel their fleets on domestically produced natural gas, electricity, biofuels and other alternatives to diesel and gasoline.

The report, by the non-profit 6310 American Clean Skies Foundation (ACSF), says a switch of just 20 per cent of the US government’s business to freight and package carriers using alternative fuels would lead to taxpayer savings of up to $7 billion annually and approximately $25 billion by 2025 (assuming a gradual fuel shift, beginning in 2015). Much of the savings is attributable to reduced fuel costs because major alternatives, such as compressed natural gas (CNG), cost less per gallon than petroleum-based fuels.

The 55-page ACSF report -- Oil Shift: The Case for Switching Federal Transportation Spending to Alternative Fuel Vehicles -- finds that shifting federal transportation contracts to vans and trucks running on alternative fuels could reduce oil imports by billions of gallons annually; cut greenhouse gas (GHG) pollution by over 20 million metric tons a year; and stimulate the nationwide introduction of tens of thousands of new alternative fuel vehicles.

A copy of the 61-page report in pdf format is available at this link.

For more information on companies in this article

Related Content

  • Financing the US road infrastructure – road user charging?
    February 2, 2012
    In the US, the National Transportation Infrastructure Financing Commission's report to Congress will state that a national, distance-based charging is the only long-term solution to the country's infrastructure financing problems. The Commission's Chair, Rob Atkinson, talks to ITS International
    Read More
  • Obama to propose oil tax to fund transportation projects
    February 8, 2016
    President Obama is to propose a US$10 a barrel tax on crude oil to fund the overhaul of the US transportation infrastructure. White House officials say the president’s 21st Century Clean Transportation System, funded by a new fee paid by oil companies would increase American investments in clean transportation infrastructure by roughly 50 per cent while reforming the investments already made to help reduce carbon pollution, cut oil consumption and create new jobs. They say the new fee on oil will also en
    Read More
  • World Congress celebrates coming of age in Detroit
    September 7, 2014
    This is the 21st ITS World Congress and as Scott Belcher, President and CEO of ITS America, puts the event in its wider context, it’s clear that ITS has come of age
    Read More
  • Report: International freight transport to quadruple by 2050
    February 23, 2015
    International Transport Forum’s (ITF) Transport Outlook 2015, presented in January 2015 at the OECD headquarters in Paris, France, examines the development of global transport volumes and related CO2 emissions and health impacts through to 2050. It examines factors that can affect supply and demand for transport services and focuses on scenarios illustrating potential upper and lower pathways, discussing their relevance to policy making. It presents an overview of long-run scenarios for the development of g
    Read More

Highlighted Content