Exelon s diverse generation portfolio includes the operation of the largest nuclear reactor fleet in North America, as well as coal, natural gas, oil, landfill gas, and hydro generating plants. The tax incentives are valued based upon fuel type, efficiency, and emissions. Credit is available for 10 years to accelerate introduction, with low-volume production projected to begin in 2005. Credit is available for six years. To qualify, hybrid vehicles must meet or beat the average emission level for comparable, conventional light duty vehicles.
Credit is available for six years.
It also would allow technological flexibility by manufacturers to achieve improvements in environmental performance. By assuring that incentives are tied to a vehicle s performance rather than simply rewarding a specific technology, we have broken new ground. This legislation represents a quantum leap forward in helping develop the next generation of motor vehicles. The Whitehouse announced today, that the President intends to nominate David Garman to be Assistant Secretary of Energy for Energy Efficiency and Renewable Energy. He is currently Chief of Staff to Senator Frank Murkowski and served as a Professional Staff Member on the Senate Energy and Natural Resources Committee from 1995 to 1998.