GM chief urges energy diversity

GM Chairman and CEO Rick Wagoner urged US policy-makers to pursue the diversification of the nation’s energy sources at the Automotive News World Congress in Dearborn.

GM Chairman and CEO Rick Wagoner urged US policy-makers to pursue the diversification of the nation’s energy sources at the Automotive News World Congress in Dearborn.

While GM is moving towards a plug-charged battery engine – showcased in the Chevy Volt – other automotive companies favor clean diesel or hydrogen.

Excerpt:

“One of the things that government has to do to really promote energy diversity is proactively support the development of alternative fuel technology,” Wagoner said. “And incentivize consumers through tax credits, fuel subsidies and so on to adopt these exciting new technologies.”

Read the entire article here.

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