Achieve Climate Goals set by Biden Administration

 

The Biden Administration has adopted a net zero emissions economy-wide goal by 2050. The 2030 emissions target is 50% the 2005 levels.

The trucking industry is the 3rd largest emitter of green house 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 make a real difference today!

The STEER Act:

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 David Joyce, Mike Bost, and Josh Gottheimer

Support the Trucking Industry, a Pillar of the U.S. Economy header

  • Gives truckers options and opportunities to choose how to best to lower emissions – with no new mandates.

  • There are 400,000 small owner-operated trucking businesses with a median net income of $50,000 – saving fuel matters!

  • The trucking industry employs 3,000,000 Americans and moves 70% of all consumer goods

Group 10268.jpg
 
 
flooring

National fuel consumption will reduce by 2.25 billion gallons annually

Carbon dioxide

Carbon dioxide emissions would reduce by 25 million tons annually

flooring

Trucking companies would save
7.1 billion dollars annually