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Fuel Systems Solutions, Inc. Message Board

  • jingjohk11 jingjohk11 Apr 23, 2013 1:22 PM Flag

    German market for natural gas powered vehicles picks up speed (up 60%)

    April 22, 2013. In spite of a major decrease in the overall car sales figures, the demand for natural gas powered vehicles increased almost 60 percent in the first quarter of 2013 compared with the same period in the previous year. This fact was highlighted by the Deutsche Energie-Agentur GmbH (dena) – the German Energy Agency – and the "Initiative for Natural-Gas-Based Mobility" based on the data reported recently by the German Federal Motor Transport Authority.
       In order to reach the potential indicated by the German Federal Government of 1.4 million natural gas powered vehicles by 2020, dena recommends extending the tax reductions for natural gas and biomethane fuels beyond 2018 and stating the fuel prices at filling stations using energy content values to make the benefits clear to users.
       According to dena, the increase is largely due to the introduction of new models like the VW eco up!, Skoda Citigo and Seat Mii. Other natural-gas powered models will be launched in the months to come, such as the VW Golf, Audi A3 and the updated Mercedes B-Class. In spite of the higher purchase costs, the overall costs of owning and operating natural-gas powered cars are significantly lower than petrol or diesel cars, and they have a far better CO2 balance, especially when combined with biomethane.
       The "Initiative for Natural-Gas-Based Mobility" brings together vehicle manufacturers, filling stations, the natural gas and biogas industry, gas engineering and the Allgemeiner Deutscher Automobil-Club e.V (ADAC). The initiative is coordinated by dena. The project’s patron is the Federal Ministry of Transport, Building and Urban Development (BMVBS).

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    • Why there are no incentives in the US, just red tape preventing conversions? Only BO and his backers that are against increased ng usage (and energy independence) can supply the answer.

      Sentiment: Buy

      • 3 Replies to vjpj1110
      • Big Oil companies have little desire to see NG succeed in the US yet. They are sitting in billions of proven oil reserves that would become less valuable with increased NG usage. Low NG prices have hurt their cause for now, increased adoption may be reaching critical mass in the next couple of years.

      • Au contraire about BO. I don't expect anything to pass and I'm not a BO defender, but here is this about that:
        President Obama's second-term energy blueprint
        Natural gas figures prominently in President Obama's second-term energy blueprint, released this morning.

        excerpt from: Obama Calls For Big Bet On Natural Gas As Part of 'Blueprint' For The Future Of US Energy

        businessinsider March 15

        During the President’s first term, the United States cut foreign oil imports by more than 3.6 million barrels per day, more than under any other President. To ensure that we continue on a path towards greater energy security, the President’s plan:

        (excerpt)

        Commits to partnering with the private sector to adopt natural gas and other alternative fuels in the Nation’s trucking fleet. Private sector investments are building natural gas fueling infrastructure across the United States just as natural gas vehicle research is making the technology more economically and environmentally effective. The President is committed to accelerating the growth of this domestically abundant fuel and other alternative fuels in the transportation sector in a way that benefits our planet, our economy, and our energy security: putting in place new incentives for medium- and heavy-duty trucks that run on natural gas or other alternative fuels, providing a credit for 50 percent of the incremental cost of a dedicated alternative-fuel truck for a five-year period; supporting research to ensure the safe and responsible use of natural gas; and funding to support a select number of deployment communities: real-world laboratories that leverage limited federal resources to develop different models to deploy advanced vehicles at scale.

      • The Natural Gas Act, promoted by T Boone Pickens provides huge incentives to convert to ng. This is being evaluated by Congress and could be passed any day.

    • Meaningless dribble
      SUBSIDIES are BAD business.
      The EPS estimates have come DOWN twice in last 30 days, AGAIN.

      This stock is stuck, dead money, going nowhere,,,Facts facts facts no hype needed

 
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