T. Boone Pickens- World’s Most Influencial People

Caroline Keddy — Thu, 30 Apr 2009 19:10:53 +0000

CNN’s Anderson Cooper is teaming up with Time magazine for a special look at The World’s Most Influential People. The special feature is coming out tomorrow. CNN announced that the news network would air the one-hour special edition of Anderson Cooper 360° on May 1 in conjunction with the release of the Time 100 special issue. The special will feature a conversation between CNN founder Ted Turner and Texas oil tycoon T. Boone Pickens. This is surely going to be a great conversation- one none of us should miss!

Developments with the Pickens Plan is the introduction of legislation called the ‘New Alternative Transportation to Give Americans Solutions Act of 2009’. The shorthand is the NAT GAS Act.

The bill covers a number the Pickens Plan elements, including:

-It extends the tax credit for natural gas used as a transportation fuel.
-It provides a tax credit for 80 percent of the additional cost when purchasing a dedicated natural gas vehicle.
-It creates incentives for the major manufacturers to sell natural gas vehicles (which they already produce for overseas markets) in the United States.
-The bill requires that 50 percent of the vehicles the federal government buys over the next five years to run on natural gas.

The US federal government will purchase 162, 500 natural gas powered light trucks and cars over the next five years. That’s a big change from the 645 they have already bought!

Be sure to look for us – Natural Gas for America – on the Pickens Plan website.
You can find us at: www.push.pickensplan.com/profile/NaturalGasForAmerica

By: C. Keddy

Natural Gas for America » natural gas vehicle

T. Boone Pickens- World’s Most Influencial People