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Page added on March 13, 2013
Road to natural gas vehicles vexes GM
Daniel Akerson is a bit chicken of the egg.
That’s understandable given that the egg in this case is government support and Akerson is head of General Motors, a company that received a $49.5 billion federal bailout to keep it in business.
The energy plan he proposed recently at IHS CERAWeek, which championed natural gas vehicles, tiptoed around the chicken-and-egg problem of fuel infrastructure – few buyers are likely to embrace natural gas-powered vehicles until there are places to refuel them, and no one will build refueling stations until there are more of the vehicles on the road.
Only government can break the economic stalemate, but the potential payoff for businesses and the economy is profound.
Akerson’s plan provides a road map for creating a more diverse and independent energy landscape for the country over the next few decades. To do that, we must leverage the abundance of fuels such as natural gas as we develop even cleaner alternatives.
2 Comments on "Road to natural gas vehicles vexes GM"
Gale Whitaker on Thu, 14th Mar 2013 1:04 am
Republicans will never appropriate funds for a natural gas infrastructure because they are bought and paid for by the big oil companies.
BillT on Thu, 14th Mar 2013 4:20 am
Well. The “catch 22” that will prevent anything from changing in the Us energy sector. ‘For profit’ companies don’t want to help build the market for their products. They want the taxpaying consumer to do it for them. Then they can walk away with the profits.