“Economics Aren’t There” for Green Technology in Trucking
TAMPA, FL… A new article published on Forbes.com, the premier online business magazine, and http://www.trucks.com/, the trucking news and analysis start-up website, takes an in-depth look at the wavering market conditions in the trucking industry for green tech and biofuels companies in the face of dropping diesel fuel prices.
In the report, written by Trucks.com’s environmental specialist John O’Dell, many experts agree that “the economics to push investment in new fuels and to persuade fleet operators to look at expensive new technologies simply aren’t there with $2-a-gallon diesel.”
Still, there are EPA standards that provide green technology companies some respite from demand that rises and falls with oil prices. And some experts warn that low diesel prices are temporary.
“Ignoring such technologies now to chase savings from continued use of cheap diesel could spell trouble in years to come as government emissions requirements grow ever more stringent,” O’Dell wrote. “And as long experience demonstrates, the oil market stands just one international crisis away from an upward price jolt.”
The article can be read here http://www.forbes.com/sites/trucksdotcom/2016/03/2... and is part of Trucks.com’s goal to make trucking news more accessible to a wide audience of thought leaders.
Trucks.com is currently being launched as a public preview, and welcomes feedback at [email protected].