President Bush Requests $24.3 Billion for DOE in FY 2008 Budget

As part of the Bush administration's requested $2.9 trillion FY 2008 budget, the U.S. Department of Energy (DOE) could receive $24.26 billion in spending authority, marking a $700-million increase in funds from FY 2007. Although the lion's share of the DOE's budget would go to secure the nation's nuclear weapon stockpile (a main objective of the DOE), the Department will continue to make bold investments in the development and advancement of alternative energy sources, thus ensuring America's energy and economic security.

Surrounded by his Cabinet, President Bush speaks to the media before submitting his budget for FY 2008 to the U.S. Congress. Credit: David Bohrer, www.whitehouse.gov

READ MORE >

IRS Offers Help Deciphering Alternative Motor Vehicle Credit

With tax season in full swing, the Internal Revenue Service (IRS) is offering help for drivers of hybrid vehicles in determining their eligibility for the Alternative Motor Vehicle Credit, which was enacted under the Energy Policy Act of 2005. The IRS has created a fact sheet explaining how taxpayers can receive up to a $3,150 credit if they purchased and drove one of forty-four eligible hybrids in 2006. The credit applies to hybrid vehicles powered by an internal combustion engine and rechargeable battery.

READ MORE >

From the Office of the Executive Director
NAFTC Attends and Exhibits at NBB Conference
NAFTC Members Gather for Business Meeting
Alternative Fuels Overview Presented at New Orleans Clean Cities Conference
NAFTC Recognizes Two New Members

National Alternative Fuels
Training Consortium
1100 Frederick Lane
Morgantown, WV 26508
304-293-7882
http://www.naftc.wvu.edu

Executive Director:
Al Ebron
Editor:
Judy Moore
Production Manager and Contributing Writer:
Leah Bogdan
Contributing Writer:
Francine Wolfe
Contributing Writer:
Scott Martin
Contributing Writer:
Andrew Schmidt
Web Developer:
Kristian Robinson