Monday, December 23, 2024

Propane Ready to Ensure Equity & Reduce Carbon Emissions Under Infrastructure Act

A new $1.2 trillion law to improve America’s infrastructure creates an unprecedented opportunity for propane and other low-emission fuels to power on-road and off-road fleets that have historically operated on diesel and gasoli

Also Read: BayWa r.e. Expands Distribution Network with Acquisition of Beacon Solar

The Infrastructure Investment and Jobs Act includes over $9 billion in funding for refueling infrastructure and clean vehicles, including propane, which is identified in the Act as an emerging alternative fuel. Today, about 70,000 on-road vehicles, including 22,000 school buses, run on propane. Propane autogas reduces more emissions per dollar than any other fuel and is a cost-effective solution compared with electric vehicles.

“The inclusion of propane is a major win for communities across the country, as fleet owners will have multiple alternative fuel options for reducing emissions and transforming their fleets for the better,” said Tucker Perkins, president and CEO of the Propane Education & Research Council. “With propane, fleets can accelerate decarbonization quickly and affordably.”

Propane’s simple, affordable, ready-now equipment ensures energy equity by cutting carbon emissions without the trillions of dollars that will be required to modernize an aging electrical grid and retrofit millions of homes and businesses. The burden for those upgrades would inevitably fall on those who can least afford it. Propane produces 43 percent fewer greenhouse gas emissions versus electricity.

Propane-fueled vehicles and refueling infrastructure are eligible to compete for the following funding opportunities under the new law:

$2.5 billion in grants for charging and refueling infrastructure
$2.5 billion in funding for the Clean School Bus Program
$1.6 billion in grants for buses and bus facilities
$2.5 billion in grants for emissions reduction at port facilities
Propane offers significant benefits in each of the following product categories:

School buses: Propane buses reduce NOx by 96 percent and CO2 by 13 percent compared with diesel buses and provide greater comfort to students since they make less noise, smell better and warm up faster in cold weather. They are also one fourth the cost of electric school buses, meaning school districts can afford to replace more of their fleet and achieve carbon reduction goals faster. The propane refueling infrastructure is also affordable and scalable.

Subscribe Now

    Hot Topics