GM CEO wants feds to back natural gas fueling stations
Daniel Akerson is all too aware of the fact that someone people will never forgive General Motors for the government bailout that kept it in business, but the automakers chief executive is once again calling on the government for help. This time, Akerson, whos scheduled to give a keynote speech at the CERAWeek conference today, said he wants the government to take the lead in encouraging natural gas refueling stations.
Why cant we get natural gas refueling stations at one out of four gasoline stations? Akerson asked the Chronicles editorial board in a meeting this morning.
The country needs to leverage the benefit of abundant natural gas unleashed by the hydraulic fracturing boom. GM has developed a new engine that will burn either gasoline or compressed natural gas all the car needs are separate fuel tanks but the market for such innovation is limited if the driving public cant access the fuel.
If you really want to take advantage of a gift, you have to change your infrastructure, Akerson said. He stopped short of saying exactly what the governments role should be, although he seemed to favor some sort of federal mandate on service stations.
http://fuelfix.com/blog/2013/03/06/gm-ceo-wants-government-to-back-nat-gas-fueling-stations/