Clean Energy Fuel Corp. has signed an agreement with AT&T to supply compressed natural gas fueling stations, as AT&T deploys up to 8,000 CNG fleet vehicles nationwide.
As part of a multi-year master agreement, Clean Energy will build, operate and supply CNG stations for AT&T's use.
AT&T announced plans in March 2009 to invest up to $565 million as part of a long-term strategy to deploy more than 15,000 alternative-fuel vehicles through 2018. The company expects to spend an estimated $350 million of that amount over five years to purchase about 8,000 CNG vehicles.
"This action by AT&T is a giant step forward by American business to address the new energy needs of our nation, particularly for deploying natural gas vehicles to help reduce imports of foreign oil and clean our environment," said James Harger, Clean Energy's chief marketing officer and senior vice president.
Natural gas produces up to 30 percent lower greenhouse gas emissions than gasoline in light- and medium-duty vehicles. U.S. Department of Energy reports estimate that 98 percent of the natural gas consumed in the U.S. is sourced in North America, and domestic supplies are projected to last 120 years based on current consumption levels.
Clean Energy to Build CNG Fueling Stations For AT&T
Clean Energy Fuel Corp. has signed an agreement with AT&T to supply compressed natural gas fueling stations, as AT&T deploys up to 8,000 CNG fleet vehicles nationwide
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