Support Clean Diesel: one of five policy changes Obama should make now – Popular Mechanics

February 9, 2009 -- Filed under Economy by Andrew Macdonald

A Popular Mechanics analysis presents five policy changes the Obama team could implement right away. One of these is the support of Clean Diesel.

“For decades, diesel generally cost a bit less than gasoline. But since 2004, it has been more expensive-at times, a lot more. That’s hardly an incentive for people to go out and buy diesel cars. Some of the disparity is due to the cost of converting refineries to make the cleaner fuel. But federal excise taxes also hurt; they run 6 cents per gallon higher for diesel than for gasoline. Any new energy plan should equalize those tax rates and stop punishing diesel owners.”

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