This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

President's Budget Slashes Funding For Cost-Effective, Bipartisan Clean Air Program

"Despite these devastating reductions, we're hopeful that the highly leveraged and competitive nature of this program will still allow meaningful projects to be undertaken," Schaeffer said.   "In the past, every $1 dollar in government funding has been leveraged into $2 or $3 or more privately funded dollars.  But make no mistake about it - the total environmental and economic benefits of the program will be diminished by this 70 percent reduction.

" DERA's Effectiveness Has Never Been Questioned"

"DERA's effectiveness has never been questioned.  The bipartisan Diesel Emissions Reduction Act has allowed communities in all 50 states to upgrade older diesel school and transit buses, commercial trucks, locomotives and other equipment with modern and cleaner diesel engines and emissions filters.

"We challenge the Administration to identify any other program as effective as DERA, where $1 in government investment returns $13 worth of health and environmental benefits to the American people.  This is a time to leverage and restore funding for this program to help meet national clean air goals.

"America has been operating under a successful two-phased program to achieve the cleanest diesel in the world.  New clean diesel technology and ultra-low sulfur diesel fuel have resulted in near zero diesel emission engines. EPA regulations have virtually eliminated emissions from new diesel trucks buses and off road engines and equipment – reducing particulate matter (PM) and nitrogen oxides (NOx) by as much as 98 percent from 1988 levels.

"The second part of this effort included a fully-funded DERA program that provides assistance to owners of existing engines and equipment that still have productive value but would benefit from modernizing and upgrading."

Connect with DTFHow do you keep up with the news on clean diesel?  You can be a fan of DTF's Facebook page, follow us on Twitter @DieselTechForum, or subscribe to our YouTube channel @DieselTechForum.  You can also subscribe to Diesel Direct , a monthly publication featuring the latest clean diesel news and activities of the Diesel Technology Forum by emailing dtf@dieselforum.org.

Follow DTF on Twitter, Facebook, and YouTube     

ABOUT THE DIESEL TECHNOLOGY FORUM The Diesel Technology Forum is a non-profit national organization dedicated to raising awareness about the importance of diesel engines, fuel and technology. Forum members are leaders in clean diesel technology and represent the three key elements of the modern clean-diesel system: advanced engines, vehicles and equipment, cleaner diesel fuel and emissions-control systems. For more information visit www.dieselforum.org .

(View this press release online here .)

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Allen Schaeffer ProfNet- http://www.profnetconnect.com/Schaeffer

Contact: Steve Hansen shansen@dieselforum.org301-668-7230 (o)202-355-3664 (c)

SOURCE Diesel Technology Forum

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,216.61 +25.24 0.15%
S&P 500 1,994.53 -7.63 -0.38%
NASDAQ 4,617.9220 -20.0720 -0.43%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs