The trucking industry employs 3,000,000 Americans and moves 70% of all consumer goods.
There are 400,000 small owner-operated trucking businesses with a median net income of $50,000 – saving fuel matters!
Gives truckers options and opportunities to choose how to best to lower emissions – with no new mandates.
Incentivizes the adoption of emission reducing technologies in the trucking industry that will have an immediate, significant impact on emission reductions – not 1, 2, or 3 years in the future.
Creates a targeted voucher program, administered by the Department of Energy (DOE), which provides $500 MM over 5 years for vouchers for covered expenditures associated with retrofitting active emission reducing technologies on Class 8 trucks.
Emission reducing active technology is defined to mean any physical alteration of a Class 8 truck that can be installed as a retrofit and that adapts automatically to control vehicle performance factors and improve fuel efficiency.
Covers up to 75% of costs per unit
Apply before installation and get reimbursed soon after
Supports American manufacturing by prioritizing technology made and installed in America.
Provides enhanced financial flexibility to truck drivers by reducing up-front costs.
Introduced by Rodney Davis; Co-sponsored by Mike Bost, Josh Gottheimer, Dave Joyce, John Katko, Tom Reed, Pete Sessions, Mike McCaul, Tony Cardenas, and Jack Bergman.
Active emissions-reducing technologies can save up to 15% on class 8 tractor-trailer fuel consumption today.
These technologies:
Are available today
Are fuel source agnostic – they will improve ALL trucks
Will enable EV, hydrogen, and other range limited trucks to achieve feasibility much faster and for a lower cost
The current 2030 US emissions target is 50% of 2005 emission levels.
The trucking industry is the 3rd largest emitter of greenhouse gases and the backbone of the US economy: they must be part of the solution.
Even with EV technologies on the horizon, the vast majority of trucks on the road will be diesel for the next 20+ years.
Technologies that make all trucks more efficient will help bridge the gap to the EV future while making a real difference today!
National fuel consumption will reduce by 4.50 billion gallons annually
Carbon dioxide emissions would reduce by 50 million tons annually
Trucking companies would save 14.2 billion dollars annually