Renewable Energy Initiative for Massachusetts

Boston area officials unveiled a “Roadmap to Renewable Energy” Wednesday, hoping to spur the development and use of fuel cells and hybrid electric vehicles in Massachusetts. According to Boston Business Journal, the proposal includes a one-time tax credit of up to $1,500 to Massachusetts taxpayers who purchase a hybrid or alternative-fuel vehicle. The tax credit, coupled with an existing federal tax credit, could alleviate most of the additional cost associated with hybrid vehicles, which cost $3,000 to $4,000 more than traditional models. The proposal also would examine how to establish hydrogen and methanol fueling stations.
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