AT&T to Make Major Investment in Compressed Natural Gas Vehicles
Articles — By forcechange on March 12, 2009 8:22 am
AT&T announced on Wednesday that it would be deploying around 15,000 alternative fuel vehicles over the next 10 years. AT&T plans to spend $565 million total, with $350 million of it devoted to purchasing about 8,000 compressed natural gas (CNG) vehicles. This will make AT&T the single largest corporate user of CNG vehicles in the world.
T. Boone Pickens, who has been advocating a transformative shift from oil to natural gas for commercial cars and trucks, and also owns Clean Energy Fuels Corp., which is the largest provider of CNG for transportation in the North America, exclaimed, “I believe this is going to be a big momentum play. When other fleet operators put their transportation teams on this, you’re going to see a major shift away from imported diesel and onto domestic natural gas.”
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